Question
Asked Dec 12, 2019
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What are some of the internal factors and external factors that can influence the organizational purchase process? 

 

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Expert Answer

Step 1

Factors influencing organisational purchase process are:

Step 2
  1. External environment:
  • Economics environment:

The factors related to environment are an important determinant of organizational purchasing. This includes condition of economy, government policies, competitions in industry, technological up gradation and their introduction. For example, if organization’s buyer come to know that  government is aiming to increase tax in the near future on value of materials, his level of buying of material will increase at present scenario, as buying will become more costly in future due to huge burden of tax. An organizational buye...

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