Author Question: With the current budget plus adjustment approach, the administrative budget for purchasing is a ... (Read 117 times)

kfurse · **on:** Jun 29, 2018

With the current budget plus adjustment approach, the administrative budget for purchasing is a percentage of another measure that reflects purchasing's workload.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following is an advantage of trade shows and exhibitions?
a. They create pressure on prospective customers to purchase.
b. They offer the potential for buyers and sellers a chance to meet face-to-face.
c. They contain embedded messages for prospective clients.
d. All of the above are advantages.

bfulkerson77 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

False

Answer to Question 2

B
Trade shows and exhibitions offer potential buyers and sellers a chance to meet face-to-face, as they bring many decision makers to a single location for a limited time, enabling firms to get their message to a large number of people at one time. In a typical promotional environment, the seller must pitch the product to the buyer; for trade shows and exhibits, however, the visitors are the ones who approach the seller, searching for new products and suppliers.