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Chapter 06 - Business Markets and Business Buying Behavior
Chapter 06 - Business Markets and Business Buying Behavior
▸ Business Markets
▸ Business Buyer Behavior
▸ The Business Buying Process
Gatekeepers Influencers
Deciders Buyers
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9
Participants in the Business
Buying Process
Economic Personal
Factors Factors
Price
Emotion
Service
The process of requesting Creates a list of desired The final order with the Involves a critique of
proposals from qualified supplier attributes and chosen supplier and supplier performance to
suppliers negotiates with lists all of the the purchase terms
preferred suppliers specifications and
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Resource
Technology Culture
availability
Politics Competition
Environmental Factors
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15
Major Influences on
Business Buyers
Objectives
Policies
Procedures
Structure
Systems
Organizational Factors
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16
Major Influences on
Business Buyers
Attitude
toward risk
Interpersonal Factors
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17
Business Markets
▸ More decision
participants
▸ More professional
purchasing effort
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absorption of light.
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