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In the construction industry, an independent trading community such as Buzzsaw.com or Cephren.com enables a general contractor to manage and coordinate the many suppliers, subcontractors, architects, and engineers necessary to complete a project.Buzzsaw.com and Cephren.com are examples of


A) webfronts.
B) web chains.
C) web commerce rooms.
D) e-syndicates.
E) e-marketplaces.

F) None of the above
G) B) and C)

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The North American Industry Classification System (NAICS) system designates industries with a numerical code in a defined structure.A six-digit coding system is used.The first two digits designate a(n)


A) subsector of the economy.
B) industry group.
C) specific industry.
D) individual country-level national industry.
E) sector of the economy.

F) A) and B)
G) A) and C)

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If General Motors (GM) purchases Borg-Warner transmissions, and Borg-Warner buys trucks and cars from GM, they would be demonstrating which type of buyer-seller interaction?


A) exclusive dealing
B) relationship marketing
C) reciprocity
D) tying arrangements
E) noncompetitive bidding

F) A) and D)
G) B) and E)

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Organizational buying criteria refer to


A) the specific qualifications of a potential supplier based upon price, delivery time, and product availability.
B) the specific qualifications of a potential supplier based upon past performance, reliability, and consistency.
C) the subjective attributes of the supplier's goods and services and the capabilities of the supplier itself.
D) the objective attributes of the supplier's goods and services and the capabilities of the supplier itself.
E) the need of suppliers to become qualified bidders by adhering to all written specifications, in a timely manner, and in compliance with government regulation.

F) D) and E)
G) B) and D)

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FIGURE 6-1 FIGURE 6-1   -The acronym on the NAICS Logo (see Figure 6-1 above)  stands for A) National Association of Industrial Compliance Standards. B) National Association of Industrial Communication Systems. C) North American Industrial Computer Standards. D) North American Industry Classification System. E) North Atlantic Industrial Classification System. -The acronym on the NAICS Logo (see Figure 6-1 above) stands for


A) National Association of Industrial Compliance Standards.
B) National Association of Industrial Communication Systems.
C) North American Industrial Computer Standards.
D) North American Industry Classification System.
E) North Atlantic Industrial Classification System.

F) B) and D)
G) C) and D)

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Which of the following statements represents an organizational buying decision?


A) The local baker buys sugar to make cookies with his children at home.
B) A dentist buys a new VCR for her den.
C) Mr.Langley hires a housecleaning service to clean his apartment.
D) The owner of a fried chicken restaurant hires a snow removal service to keep the parking lot clear.
E) The city mayor purchases a new suit to wear to a wedding.

F) C) and D)
G) A) and B)

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The system that provides common industry definitions for Canada, Mexico, and the United States, which makes it easier to measure economic activity in the three member countries of the North American Free Trade Agreement (NAFTA) is referred to as


A) Strategic International Classification (SIC) .
B) Federated Domestic and International Classification (FDIC) .
C) Federated Trade Codification (FTC) .
D) the North American Industry Classification System (NAICS) .
E) Federated System of Listing International Corporations (FSLIC) .

F) B) and D)
G) A) and B)

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The office of SFX Entertainment, a talent promoter, needs a new fax machine that will print at three seconds a page (instead of five seconds per page like the one it is using now) and that has both local and network printing capabilities.Its purchase of a replacement fax machine would be an example of a


A) new buy.
B) straight rebuy.
C) modified rebuy.
D) make-buy.
E) standard buy.

F) D) and E)
G) None of the above

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Several people often participate in the organizational buying process.Called __________, these people share common goals, risks, and knowledge important to a purchase decision.


A) a buying center
B) a buying cohort
C) a purchasing committee
D) a feasibility study group
E) corporate obstructionists

F) A) and D)
G) A) and C)

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Although the U.S.Justice Department frowns on __________ because it restricts the normal operation of a free market, it is still legal for two companies to buy one another's products as long as no coercion is involved.


A) tying agreements
B) just-in-time management
C) quid pro quo
D) transactional benefits
E) reciprocity

F) None of the above
G) B) and E)

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The university has changed and updated its logo and now finds that it needs to order new stationery and business cards for departments and staff of the university.This purchase would be a


A) modified rebuy.
B) straight rebuy.
C) new buy.
D) standard buy.
E) class buy.

F) A) and C)
G) B) and C)

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The reseller market includes


A) manufacturers and service providers.
B) transportation providers and other facilitators.
C) government agencies and service providers.
D) agricultural markets and the mining industry.
E) retailers and wholesalers.

F) A) and C)
G) A) and B)

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If there is a downturn in U.S.passenger air travel, a number of U.S.airlines would very likely cancel some of their orders for new planes.The relationship between passenger air travel and the need for new planes is referred to as


A) derived demand.
B) the price-quality relationship.
C) the acceleration principle.
D) price-elasticity.
E) price-inelasticity.

F) B) and E)
G) A) and B)

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The department secretary orders ink cartridges for the department printer from the Corporate Express catalog each month.This is an example of a


A) new buy.
B) straight rebuy.
C) modified rebuy.
D) make-buy.
E) standard buy.

F) D) and E)
G) A) and D)

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The deliberate effort by organizational buyers to build relationships that shape suppliers' products, services, and capabilities to fit a buyer's needs and those of its customers is referred to as


A) buyer development.
B) organizational development.
C) relational organization.
D) supplier development.
E) buyer-seller reciprocity.

F) C) and D)
G) D) and E)

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FIGURE 6-1 FIGURE 6-1   -The NAICS Logo (see Figure 6-1 above)  provides common industry definitions for A) Canada, England, and the United States B) Canada, France, and the United States C) Canada, Europe, and the United States D) Canada, Russia, and the United States E) Canada, Mexico, and the United States -The NAICS Logo (see Figure 6-1 above) provides common industry definitions for


A) Canada, England, and the United States
B) Canada, France, and the United States
C) Canada, Europe, and the United States
D) Canada, Russia, and the United States
E) Canada, Mexico, and the United States

F) A) and B)
G) A) and C)

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Spruceland Millworks in Canada makes wooden pallets for transporting and storing new appliances such as stoves, freezers, and refrigerators.The demand for Spruceland pallets would be classified as


A) reactive demand, which is tied to the sales of appliances, not the sale of the pallets.
B) derived demand, which is tied to the sales of appliances, but independent of the sales of pallets.
C) derived demand, which is tied to the sales of pallets, which in turn, is tied to the sales of appliances.
D) inelastic demand, tied to the cost of the components of the pallets.
E) elastic demand, tied to the cost of the components of the pallets.

F) A) and B)
G) D) and E)

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A buy class situation affects buying center tendencies in different ways.If there are many people involved, the problem definition is uncertain, and the buying influence comes from technical/operating personnel, the buy class situation most likely is a


A) new buy.
B) straight rebuy.
C) conditional rebuy.
D) modified rebuy.
E) standard buy.

F) A) and C)
G) A) and E)

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In a buying center, __________ affect the buying decision, usually by helping define the specifications for what is bought.


A) gatekeepers
B) deciders
C) buyers
D) influencers
E) users

F) A) and D)
G) A) and C)

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Online trading communities that bring together buyers and supplier organizations to make possible the real time exchange of information, money, products, and services, are referred to as


A) webfronts.
B) web chains.
C) e-syndicates.
D) e-marketplaces.
E) web commerce rooms.

F) A) and C)
G) A) and B)

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