B2B buyers are typically more formal in their buying decisions, indicating their needs in writing and submitting formal proposals. In contrast, B2C buyers are usually more informal in their buying decisions, where the purchase may be unplanned or even impulsive.
What is purchase ?
- A purchase in accounting refers to taking control of a particular product or service by paying a certain amount of money.
- Conversely, it is the exchange of money for specific goods or services.
- This process is typically done by an individual or company that needs an item or service.
- The government has bought him a new contract for 1,000 aircraft.
- Also, if you want the noun form, you should use "purchase", like this: We made a smart purchase buying gas before the price goes up.
- In summary, try to use "Buy" for simple actions and "Buy" for more formal monetary exchanges for goods.
- Shoes Unlimited has ordered a foreign supplier to sell 10,000 pairs of her sneakers.
- This is the issuance of an order representing the company's legal obligation to purchase a specified type and quantity of shoes.
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