Examining quality, design, materials, and item reduction to acquire a product in the most cost-effective way falls under which stage of the business buying decision process?

Examining quality, design, materials, and item reduction to acquire a product in the most cost-effective way falls under search for products and evaluating possible suppliers stage of the business buying decision process. In this step, business buyer go for searching the products and evaluate different available options in order to make the purchase process easy and effective. Basically they analyse the product quality, its materials and design. These factors are then analyzed by categorizing, evaluating and analyzing different available options.

Parrain Parrain · Answer 2 · 2021-11-05T20:07:23+01:00

When a company does all the things described, they are said to be at the a. value analysis of the business buying decision process.

During the buying process, there is a step where the potential products as well as suppliers are evaluated. There is a value analysis here where:

The business examines the quality and design of the purchase
Get rid of certain items so that they can cut costs.

The process that go under the value analysis stage are the same described above in that this is the stage where quality, design and materials are examined.

We can therefore conclude that this is the value analysis stage.

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Options for this question include:

a. value analysis.

b. specification analysis.

c. multiple sourcing.

d. vendor analysis.

e. sole sourcing.