An Organization Faces an Unfamiliar Buying Situation When Its Regular

Multiple Choice

An organization faces an unfamiliar buying situation when its regular supplier suddenly hikes the prices of its supplies.It considers a limited number of suppliers and finalizes a long-term contract with one of the suppliers.In this case,the organization is most likely to use a _____.

A) straight rebuy
B) new task purchase
C) modified rebuy
D) just-in-time purchase