A transaction in which the organization is making an initial purchase of an item to be used to perform a new job refers to which of the following purchases?

A Straight rebuy purchase
B Delayed purchase
C New-task purchase
D Modified rebuy purchase

Correct Answer: New-task purchase

A transaction in which the organization is making an initial purchase of an item to be used to perform a new job refers to New-task purchase. New task purchase is the one purchase decision that has not been done previously by the business as they didnot have the need for a new product / task.
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