Lecture 9: Organizational Buying Behaviour Flashcards

1
Q

organizational buying influenced by (3)

A
  • company objectives
  • budget
  • cost and profit considerations
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

decision making vs. consumer decision making (5)

A
  • more people involved
  • precise technical specifications are used
  • impulse buying is rare
  • decision more risky
  • B2B marketing more personal selling
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

decision making unit participants (5)

A
  1. users
  2. influencers
  3. deciders
  4. buyers
  5. gatekeepers
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

users

A
  • identify the need, have a view of what they want and may provide specification
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Influencers

A
  • anyone who inputs information into the process,ex. technical knowledge
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Deciders

A
  • responsible for final decision
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Buyers

A
  • place the order and may negotiate price and terms
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Gatekeepers

A
  • control access to other members of the team but not involved in the decision
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

classes of buying (3)

A
  1. new task buying
  2. modified re-buying
  3. straight re-buying
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

influence on organizational buying behaviour (4)

A
  1. environmental factors
  2. organizational factors
  3. interpersonal/social factors
  4. individual factors
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

buyer seller relationships

A
  1. interdependence can develop
  2. strategic alliance
  3. buyers often strong loyalty to suppliers
  4. some buyers can have strong powers
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

relational selling strategy

A
  1. strategic approach adopted
  2. major customers managed as key accounts (KAM)
  3. approach may come from the buyer
  4. working more closely together
How well did you know this?
1
Not at all
2
3
4
5
Perfectly