Q3) Buy-Grid stumper? Why is it important in decision reservation? What is the indication?
Supplier Evaluation
An important job of the purchasing agent is to try potential suppliers and their offerings. The effects of purchasing on a firms matched ability be great, so companies pay close attendance to how they evaluate suppliers. Marketers must also understand the process, for them the ones being evaluated. assure the process is like understand the rules of any games; if you dont know how to score, you are unlikely to win.
The debase- gridiron model is a version of a guess developed as a general model of sage organization decision qualification, explain how companies make decisions about, for example, where to locate a plant or make a purchase. The buy grid model has two parts: the buy-phase model and the buy class.
The buy-phase model in a management class as the reasoning(prenominal) or extensive problem solving model or in consumer behavior as high-involvement model. Buy -phase model suggests that heap go through a series of steps (or phrases) when making a decision, beginning with problem deferred payment. Then they search for alternatives, evaluate alternatives, and select a solution, which are them implemented and evaluated.
For example, when an organization unavoidably new berth space, crowded conditions help force recognition of the need.
The next step is to define the type of product take: Does the organization want to build a new office building, add on to an existing building, or simply prevail a larger place to rent or buy? As the organization continues to examine its needs, detailed specifications such as the size and number of offices are created. If the decision in the mho step was to build on, an architect would help create specifications brief plans. Then suppliers would be contracted, included those recommended by...
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