Spot buying refers to the purchase of goods and services according to a schedule, usually at prevailing market prices that are determined by supply and demand

Indicate whether the statement is true or false

FALSE

Business

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Portland metro advertising, Inc., Has become a leader at understanding it's market and using data and information in ways that are important and valuable to firm. The management information teen describes a process of generating, using, and sharing data and information as

A. An executive information system B. An MIS C. An expert system D. Knowledge management E. Data processing

Business

In the pre-purchase evaluation process, consumers take cues from external sources about ways to

A) find sales and other price promotions. B) log into corporate blogs. C) return products they are dissatisfied about. D) value or rank different alternatives. E) change their demographic group.

Business