Buyers who face a new-task buying situation are likely to adopt a formal decision-making process (DMP), which may involve up to eight separate stages. Purchases that are modified or straight re-buys may skip some of these stages. Following is the DMP for the typical new-task purchase. Although the DMP is shown to be a linear sequence of progressive stages, in practice the stages are rarely neatly sequential or discrete. Sometimes the stages may occur out of sequence or simultaneously, or not at all if it is a fairly straightforward re-buy. None the less, the DMP does provide a helpful guide to the distinguishing features of each of the typical buying stages.
relationship between the composition of the DMU and the DMP. Generally, as the risk associated with the organizational purchase increases:
Need assignment help homework help in The Decision Making Process For school, college and university level you come at right place. Assignmenthelp.net provides answers to all of your problems regarding the The Decision Making Process. Our expert online tutors are available to help you to understand Buying Behavior.