Question

During which stage of the business buying process is a buyer most likely to conduct a value analysis, carefully studying components to determine if they can be redesigned, standardized, or made less expensively?A) proposal solicitationB) general need descriptionC) order-routine specificationD) performance reviewE) product specification

Answer 1

Answer:

E, product specification

Explanation:

During the product specification stage of a business buying is when a product is analyzed to determine if it can be redesigned, standardized or made less expensively.

A product specification is a document that shows the information involve in the creation of a product alongside the features of the product.

Product specification is important in business buying because it gives a detailed information about the reason for manufacturing such product, its performance/expected performance as well as how the product was manufactured, which materials were used,  the differences with similar products of other manufacturers, etc.

I hope this helps.