Term
| What is the North American Industry Classification System |
|
Definition
| Covers more than 19,000 industry descriptions, used to identify new business prospects and thier general product and service requirements, by up to six digits of specificity. |
|
|
Term
|
Definition
| Demand created as a aresult of consumer demand; typical of industrial markets. |
|
|
Term
|
Definition
| in industrial buyer seller relationships, and informal agreement between two or more organizations to exchange goods and services on a systematic basis, more or less exclusive basis. |
|
|
Term
|
Definition
| The buying expert for an organization. Sometimes called the purchasing agent. |
|
|
Term
|
Definition
| Goods used in the production process that do not become part of the finished product, such as fixed major machine tools, and office equipment |
|
|
Term
|
Definition
| Ingrediants or compentnets that become part of the finished product, such as raw materials and semi mnufactured goods. |
|
|
Term
|
Definition
| Goods consumed in the ongoing production process, such as maintence and repair items. |
|
|
Term
|
Definition
| In a buying organizations, a group of organziation memebers who participate in the purchase decision. |
|
|
Term
|
Definition
| Person who controls access or flow of information to decision makers. |
|
|
Term
|
Definition
| People who can influence the purchase decision by helping set product specifications, neotiate pricing and procedures, providing information about providing alternatives. |
|
|
Term
| What are the 3 kinds of resellers |
|
Definition
Industrial Distiributior (sell to manufactures and producers) Wholesalers (which sell to retailers) Retailers (sell to end user) |
|
|
Term
|
Definition
| Website that contains all federal contracting community solicitations for purchases exceeding 25,000 |
|
|
Term
|
Definition
A management system in which both professional managers and specialists without managerial training run an organization, sometimes resulting in conflict. Non profit organizations. |
|
|