The Partnering for Success Feature in Chapter 8 Focuses on Buying

Multiple Choice

The Partnering for Success feature in Chapter 8 focuses on buying groups, and recommends that small businesses seek out buying groups to participate in. What is a "buying group" in the context of the feature?

A) A partnership that bands small businesses together to attain volume discounts on common products and services that they buy
B) A partnership that bands small businesses together to collectively make the commitment to "buy local" at every available opportunity
C) A partnership that bands small businesses together to get the best prices possible from foreign importers and manufacturers
D) A partnership that bands small businesses together to get the best possible terms from finance companies
E) A partnership that bands small businesses together to get the best possible rates on property and liability insurance