Asked by Emanuela Tigistu on May 30, 2024
Verified
After need recognition, a business develops ________ that suppliers might use to develop their proposals.
A) derived demand
B) initiator instructions
C) determinant attributes
D) product specifications
E) focal alternatives
Product Specifications
Detailed information and criteria about a product's features, dimensions, performance, and materials, serving as a guideline for production and quality assurance.
Derived Demand
A demand for a commodity, service, etc., that is a consequence of the demand for something else.
Proposals
Formal offers or plans submitted for evaluation or consideration to undertake a project or relationship.
- Understand the significance of identifying needs and defining product specifications at the start of the B2B purchasing cycle.
Verified Answer
Learning Objectives
- Understand the significance of identifying needs and defining product specifications at the start of the B2B purchasing cycle.
Related questions
After a Series of Devasting Storms, Many States Reevaluated the ...
The RFP Process Is Used by Buyers to Allow Customer ...
A Small Business Decides to Upgrade Its Aging Phone System ...
The Local Park District Needs to Upgrade the Computers in ...
The Final Step of the Business-To-Business Buying Process Is a ...