The Buying Process of Private-Sector Companies, Such as Manufacturers and Resellers

Multiple Choice

The buying process of private-sector companies, such as manufacturers and resellers, differs from the buying process of governments in that private companies:

A) have relatively big budgets and seek the best value when buying products.
B) are more likely to engage in reciprocal buying.
C) always opt for a supplier with a strong brand equity regardless of the price they quote.
D) must disclose their buying criteria and buying process to the public.
E) make purchases that comply with the policy guidelines set by the WTO.