Western Governors University (WGU) BUSI3731 VZT1 Marketing Applications Practice Exam

Question: 1 / 400

What defines a straight rebuy situation?

The same product is purchased in different quantities

A product is bought for the first time

The same product is bought from the same vendor

In a straight rebuy situation, the key characteristic is that the same product is purchased from the same vendor. This scenario typically occurs when an organization has previously made a purchase and is simply replenishing its stock without any changes to the product specifications, vendor, or terms of the purchase.

This type of purchasing behavior suggests a level of satisfaction with the product and vendor relationship, as the buyer has opted not to seek out alternatives or negotiate new terms. It represents a low-risk decision for the buyer since they are familiar with both the product and the vendor. This is often a routine part of business operations, allowing organizations to maintain efficient supply chains with minimal friction.

In contrast, the other options describe scenarios that do not align with the concept of straight rebuy. For instance, purchasing the same product in different quantities reflects a variation in order size rather than a pure straight rebuy, while buying a product for the first time signifies a new purchase rather than a repeat. Similarly, ordering a modified version of an existing product indicates a change and adaptation, thus deviating from the classic straight rebuy definition.

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A modified version of an existing product is ordered

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