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What is the strategy of paying suppliers and distributors to perform certain business processes or to provide needed materials or services?
Wiki User
∙ 10y ago
the strategy of paying suppliers and distributors to perform certain business processes or to provide needed materials or services.
Wiki User
∙ 10y ago
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Who is a connected stakeholder?
Connected stakeholders are closely related to business core marketing, economic functions. e.g. customers, Creditors, distributors, suppliers
Why suppliers are important?
Suppliers provide the primary and ancillary materials, goods and services so that they can be sold to customers or be used to run the business. Thus, it is safe to assume that without suppliers, a business cannot run at all.
What are the different elements of E-C applications?
E-commerce business applications abound the market. Across the Internet, there are numerous businesses and service providers that are rolling out and offering e-commerce business applications to different users. Because the Internet is a venue where suppliers and distributors are meeting to conduct business transactions, e-commerce business applications are aimed at both suppliers and consumers. For suppliers Business-to-business transactions are facilitated online. B2B transactions, as they are called, comprise of activities between two businesses. The most usual players are suppliers and distributors, who are the main players in B2B setups. E-commerce business applications were primarily and initially developed, designed and made for such business players. Suppliers are the firms that develop, manufacture and produce goods and services. They come out with products that are to be rolled up and sold across the market. Distributors serve as the intermediaries between suppliers and the end consumers. Distributors have the resources and the ability to connect and interact with end consumers for actual sales and purchase transactions of goods and services. Thus, suppliers and distributors need to operate conveniently, accurately and effectively. That is where e-commerce business applications should set in. E-commerce business applications are specific computer programs and actions that are designed facilitate smoother flow of trades between the two. As always, there is a need to make sure suppliers and distributors are connected and are regularly coordinated. Different e-commerce business applications are designed and made to cater to the varied needs and requirements of both suppliers and distributors.Ads by Google For end consumers If e-commerce business applications are useful for suppliers and distributors, they are also very useful when consumers are involved. In businesses, consumers are the heart and the bloodline of operations because they are the buyers and the providers of sales and revenues. Suppliers and distributors enter B2B activities because they aim to please and cater to the needs and requirements of consumers. Thus, it would be safe to assert that e-commercebusiness applications are also beneficial to the consumers. The most usual illustrations and demonstrations of the use of e-commerce business applications to consumers are the emergence and rise of business websites that sell products and services. With the use and integration of e-commerce business applications, such online presences and businesses are made more effective and more useful. End consumers would also find the site more interesting and functional, and would likely move to finally take action. Good features If you are buying or securing e-commerce business applications services, you should make sure they are the best in the market. There are common and basic features of good e-commerce business applications. You should always target those that are clearly offering and providing good services and features to the market. It is just logical that e-commerce business applications are useful and beneficial to all users; suppliers, distributors and consumers. Functions of commands and icons are useful and are highly commendable. Good e-commerce business applications are also easily available and accessible in the market. The usefulness of such computer programs can never be underestimated and underrated especially in the current status of the market, where there are just too many players and the competition is just out of control.
What are the benefits of backward linkage in a business?
there is reduced dependence on imported goods since local suppliers provide the raw materials for the producers.
What kind of activity is continuity of business?
Continuity of business is an activity which is referred to daily activities of the company and should not be mixed up with disaster or damage recovery. A company makes sure that all business processes will be available to suppliers, customers and others.
What is the definition of a manufacturing business?
A company that receives raw materials, then processes these materials in a manufacturing process that produces a finished product. Picture an automobile assembly line.
What are the importance of business correspondence?
The importance of business correspondence is that it facilitates communication in the business sector. This may be between suppliers and consumers, suppliers and manufacturers, suppliers and financial institutions and so many more.
Where can I get business continuity markets suppliers and vendors?
Business continuity markets, suppliers and vendors are in every community depending on your trade/industry. It all boils down to understanding what you are looking for. The supplier may be the one extracting or bringing you the raw materials you seek. A vendor is therefore the middleman between the product and the consumers and the market is where the suppliers, vendors and consumers interact with each other.
Why are suppliers interested about the business?
It is in the best interest of suppliers if the companies that they sell to do well. Many suppliers attempt to create long-term relationships with customers in order to get repeat business. The better their regular customers perform, the more likely the suppliers are to get repeat business.
What is the importance of suppliers?
Suppliers provide the goods and services needed to sustain a business.
Why suppliers are important to a companies effort?
if your suppliers sare poor your business is probably poor
Why suppliers are important to a company's quality efforts?
if your suppliers sare poor your business is probably poor
