Unit 3 DB:Managing Suppliers (Resource Management)

Unit 3 DB:Managing Suppliers (Resource Management)

write 200-300 words that respond to the following questions with your

thoughts, ideas, and comments. Be substantive and clear, and use

examples to reinforce your ideas.

There are many reasons why a company should pay attention to their reputation as it relates to their future vendor relations and product supply costs and availability. Complete the following:

Discuss why it is important for organizations to manage their reputation by answering the following questions:
What impact could a poor quality product have on a company?
How does reputation help a company to be more competitive?
How do you think a company can improve their vendor and customer relations?
Summarize 3 examples of what goes into the reputation of a company.
Be sure to include your references, and format your submission in APA format.

Solution Preview

A company looking to stamp its dominance and authority in a highly competitive industry will have to make sure that it safeguards its reputation regarding quality to the prospective customers. Enterprises that do not invest in the quality of its products will definitely not be able to sustain the competitiveness of the industry and as a result,

(249 words)