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Marketing Chapter 12

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Business to Business Purchasing

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Unscramble Letters

Marketing Chapter 12Online version

Business to Business Purchasing

by Lula Jordan
1

the exchange of products and services between businesses

  
  
2

determining the products and services needed, identifying the best sources to obtain them, and completing the activities necessary to obtain and use them

3

detailed requirements for the constrtuction or performance of a produce

  
  
4

a business's demand is derived from, or based on, its customers' demand

  
  
5

inventory level is kept low and resupplied by supply chain members as it is needed

  
  
6

a form of bartering in which the products or services of one company are used as payment for the products or services of another company

  
  
7

level of inventory neded to meet the usage needs of business until the product can be resupplied

  
  
8

companies that offer products for sale to other businesses; also called suppliers

9

specific quality standards for all procedures

     
  
  
10

contains a specific description of the type of product or service needed and the criteria that are important to the buyer

     
  
  
11

an objective rating system that buyers use to compare potential suppliers on purchasing criteria

  
  
12

several suppliers develop specific prices at which they will meet detailed purchase specifications and other criteria prepared by the buyer

13

determines the amount of product on hand by visually inspecting and counting the items

     
  
  
14

the assortment of products a business maintains

15

an itemized listing of all of the products included in a shipment

  
  
16

a list of the merchandise received in the shipment and its condition

  
  
17

determines the amount of a product on hand by maintaining records on purchases and sales

     
  
  
18

a form listing the variety, quantity, and prices of products ordered

  
  
19

a list of items purchased along with their prices, the total amount due, and a statement of the terms of payment for the order

20

identifies the types, assortments, prices, and quantities of products that will be stocked by the business for a specific period of time

  
  
21

identifies the products a store must have available to meet the most important needs of its customers

     
  
  
22

identifies the complete assortment of products a store would like to offer to customers

     
  
  
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