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since the supplier is one of the components of the industry. so give me some details regarding suppliers.

2006-06-15 19:20:22 · 3 answers · asked by Anonymous in Business & Finance Corporations

3 answers

From an economics perspective... If you have 1 supplier you commend lower price because you are buying at wholesale price, plus they can't afford to lose you if you are their biggest customer. However there is a degree of risk, if they can't deliver their goods or service on time your business will suffer due to a lack of alternative in the short run.

2006-06-16 02:52:45 · answer #1 · answered by futbolist_1 2 · 0 0

Get the best supplier you can afford. It is better to give some than to be stingy and get a bad reputation. Check out their reputation.

2006-06-16 02:25:42 · answer #2 · answered by clbinmo 6 · 0 0

The suppliers have to assative themeselves,be trustworth, and be simple person to approach.

2006-06-16 02:32:40 · answer #3 · answered by Kasimu SERUWU 1 · 0 0

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