ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

INVENTORY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What should you NOT look for in a vendor
A
How large their company is
B
Number of vendors you may need
C
What color the vendors headquarters is
D
Quality of products offered
Explanation: 

Detailed explanation-1: -Price. Quality of Product or Service. Check References. Customer Service. Ethics and Integrity of The Vendor. Professional Employees. Recommendations from Others. Existing Relationships. 07-Aug-2019

Detailed explanation-2: -Self-service portal. Paperless onboarding. Vendor screening. Supplier performance management. Corrective actions. Spend management. API Integration. 28-Apr-2022

Detailed explanation-3: -Strategic risk. Operational risk. Business continuity risk. Compliance and regulatory risk. Information security risk. Financial and credit risk. Reputation risk. 31-Jan-2023

There is 1 question to complete.