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Key Terms
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Buying center  consist of individuals from various areas of the firm, such as accounting, engineering, manufacturing, and marketing, who meet specifically to make a purchase decision.
(See page(s) 680)
Corporate culture  often used to refer to the organizational culture of a business firm.
(See page(s) 689)
Decision-making units (DMUs)  the individuals (representing functional areas and management) within an organization who participate in making a given purchase decision.
(See page(s) 680)
Firmographics  involve both organization characteristics and characteristics of the composition of the organization.
(See page(s) 689)
Lead users  innovative organizations that derive a great deal of their success from leading change.
(See page(s) 693)
Macrosegmentation  the process of grouping organizations with distinguishing firmographics into market segments.
(See page(s) 692)
Organizational culture  the self-concept and lifestyle of an organization it reflects and shapes organizational needs and desires, which in turn influence how organizations make decisions.
(See page(s) 689)
Reference group infrastructure  refers to the flow of purchase influence within an industry.
(See page(s) 693)
Terms and conditions  payments, warranties, delivery rates, and so forth.
(See page(s) 687)
Two-stage decision process  involves the evaluation of possible vendors and selection of a given vendor.
(See page(s) 685)







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