Question

Timothy is looking for suppliers for his cheese-making business. He examines a list of suppliers whom he can contact with a business proposal. A number of suppliers have heard of Timothy’s business, and they are interested in selling to him. Some of them have sent Tim information about their products via technical videos, product demos, certifications, and CAD drawings.


Tim is in [ ] of the buying cycle.

Answer 1

Answer: Supplier selection process

Explanation:

Supplier selection process is the scenario where an individual or a company wants to purchase an item and they contact various vendors who do such business, and asking them for prices, details; generally the requirements for the items they want, they now choose out of the various vendors options, that which matches what they want.

Timothy is in the supplier selection process, where he's evaluating every detail from the vendors based on his request, with an option to request from any of them that matches his request.