Author Question: NASCAR bills itself as the a. best marketing opportunity in sports. b. most popular form of ... (Read 72 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
NASCAR bills itself as the
 a. best marketing opportunity in sports.
  b. most popular form of entertainment in America.
  c. most inexpensive advertising in marketing.
  d. most popular form of product placement.

Question 2

Compare and contrast the three major types of purchases made by business customers.



nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

Most business purchases are one of three types: new task, straight rebuy, or modified rebuy. Each type is subject to different influences and thus requires business marketers to modify their selling approaches accordingly. For a new task purchase, an organization makes an initial purchase of an item to be used to perform a new job or solve a new problem. A new task purchase may require development of product and vendor specifications and procedures for future product purchases. A straight rebuy purchase occurs when buyers purchase the same products routinely under approximately the same terms of sale. Buyers require little information for routine purchase decisions and tend to use familiar suppliers that have provided satisfactory service and products in the past. For a modified rebuy purchase, a new task purchase is altered after two or three orders, or requirements associated with a straight rebuy purchase are modified. A business buyer might seek faster delivery, lower prices, or a different quality level of product specifications.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

For a complete list of videos, visit our video library