Exam 3: Understanding Buyers

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Which is not considered to be a specific communication style ?

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___________________ attributes refer to the features and characteristics that are related to what the product actually does or is expected to do.

(Short Answer)
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The needs of the business buyer tend to be more complex than the consumers' needs.

(True/False)
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____________ needs are needs for a specific or task or function to be performed.

(Short Answer)
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Once the buyer has completed phase three of the buying process (a description of the characteristics of the item and quantity needed), the buyer should:

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If a buyer mistakenly believes that a competitor's offering has higher level attributes or qualities than it actually does, the salesperson should attempt to:

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The difference between a buyer's desired state and his/her actual state is referred to as a needs gap.

(True/False)
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Typically, buyers involved in new task purchasing decisions rely more heavily on outside information than do buyers involved in modified rebuys.

(True/False)
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The _______________________ model of evaluation is a post-purchase evaluation process buyers use that evaluates a product purchase using functional and psychological attributes.

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RFP stands for _________________________________________.

(Short Answer)
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Buying teams are involved in new task buying decisions more often than straight rebuys.

(True/False)
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Today, both buyers and sellers are increasingly looking to form mutually satisfying long-term relationships with their suppliers and customers respectively.

(True/False)
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Straight rebuy and modified rebuy both refer to types of purchasing decisions.

(True/False)
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Which of the following is not a characteristic that distinguishes business markets from consumer markets?

(Multiple Choice)
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Which of the following is not a member of the buying center?

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The member of the buying circle who controls the flow of information is called the ____?

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It is important for salespeople to be familiar with the basic types of buyer needs to help ensure that:

(Multiple Choice)
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The most important member of the buying team is the Gatekeeper.

(True/False)
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________________ refers to a purchase decision that occurs when a buyer has experience in purchasing a similar product in the past but is interested in acquiring additional information regarding alternative products and/or suppliers.

(Short Answer)
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One of the current developments in purchasing is a relationship emphasis on cooperation and ________________.

(Short Answer)
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