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Author Question: Describe the procedures for evaluating vendors. What will be an ideal ... (Read 26 times)

lindiwe

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on: Aug 10, 2018
Describe the procedures for evaluating vendors.
 
  What will be an ideal response?

Question 2

Fiber is important in the diet because it
 
  a. prevents regularity.
  b. keeps a person hungry.
  c. raises cholesterol levels.
  d. helps keep a person full or satisfied.


johnpizzaz

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Reply #1 on: Aug 10, 2018
Answer to Question 1

Buyers evaluate vendors to determine if they are receiving the anticipated value for purchase dollars. If buyers determine that they are receiving the anticipated value, vendors will likely remain on the approved list. If there are problems, corrective actions, which may include replacement of the vendor, will be needed.

The same factors used to determine whether vendors should be approved can be used to determine whether expectations are being met. However, buyers can evaluate vendors based on actual specific performance, rather than potential.

Answer to Question 2

D


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