One of the influencing factors in an organization buying behaviour is
Answer Details
One of the influencing factors in an organization's buying behavior is the company's policy.
Company policies can dictate the criteria and standards that must be met before a purchase can be made, such as budget restrictions or requirements for certain certifications or warranties. These policies help ensure that purchases align with the company's overall goals and objectives.
For example, a company may have a policy that all purchases must be made from sustainable and ethical suppliers. This policy would influence the buying behavior of the organization and could limit the options of suppliers they are willing to do business with.
Additionally, company policies can help streamline the purchasing process and ensure that purchases are made efficiently and effectively. By providing clear guidelines and procedures for making purchases, organizations can avoid delays and mistakes in the buying process.