Choosing Appropriate Suppliers (VCE SSCE Business Management): Flashcards

Using resources at rate they can be replenished naturally

Regulations guiding how a business acquires goods & services

Price, quality, reliability, social responsibility

Superior products, higher satisfaction, fewer defects, better sales

Maintain minimal inventory levels, reducing storage costs

Early access to new technologies, materials, or processes

Shows stability; gets priority service, better pricing, early info

Commitment to environmental performance management

Reduces CO2 emissions from shorter transport distances

Fair prices to producers in less-developed countries