A Critical Analysis of Internal Buying Behaviour of George Weston Food
VerifiedAdded on 2023/04/07
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Essay
AI Summary
This essay provides a comprehensive analysis of the internal buying behaviour of George Weston Food Ltd, an Australian food manufacturing company. It identifies the key players in the company's buying center, including initiators, users, influencers, and deciders, and examines the various factors that influence their purchase decisions, such as economic conditions, technological advancements, political and legal factors, social responsibility, and the company's objectives, policies, and structure. The essay also outlines the eight stages of the organizational buying decision-making process, from problem recognition to performance review, and compares and contrasts the company's purchasing decisions with those of individual consumers, highlighting the greater complexity and formality of organizational buying processes. The study concludes that while both organizational and individual buying processes share some similarities, the complexity of purchase decisions in a firm is much greater, involving more parties and departments.
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