Question

In a buying center, __________ have the formal or informal power to select or approve the supplier that receives the contract.

Answer 1

The deciders have the formal or informal power to select or approve the suppliers that receive the contract in a buying center.

What are buying centers?

A buying center is a jointed decision-making group that gathers individuals of an enterprise who engage or involve in the purchasing process for a certain product or a service.

A buying center is the collection of employees or members of any form of organization that are in charge of making big purchases.

Members of the buying center include

• Buyers
• Decider
• User
• Initiator
• Influencer
• Gatekeeper

Here, the decider has the formal or informal power to select or approve the suppliers that receive the contract in a buying center.

Learn more about buying center here:

https://brainly.com/question/8947097