In the generally accepted stages of the business buying process, the step following the recognition of the organizational problem or need is the ________
A) acquisition and analysis of proposals
B) search for and qualification of potential sources
C) description of the characteristics of the item and quantity needed
D) determination of the characteristics of the item and quantity needed
E) performance feedback and evaluation
D
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The most serious disadvantage of observation is ________
A) if the observed phenomenon occurs frequently or is of short duration, observational methods may be cheaper and faster than survey methods. B) the reasons for the observed behavior may not be determined because little is known about the underlying motives, beliefs, attitudes, and preferences. C) observational methods permit measurement of actual behavior rather than reports of intended or preferred behavior. D) observational data is often time consuming and expensive and it is difficult to observe certain forms of behavior, such as personal activities.
Your professor moonlights to make ends meet during the summer months and has a knack for painting houses
You agree to pay $500 over whatever the materials and equipment rental cost for the job and delight in sipping lemonade in the shade watching your poor professor perform under a(n): A) Cost-plus contract. B) Lump-sum contract. C) Time and material contract. D) Fixed wage contract.