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Question
Mention any two expectations of suppliers from a business organisation.
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Solution
- Fair prices for the supplies
- Regular and timely payment according to credit terms.
- Reasonable terms of delivery and payment.
- Regular orders for supply.
- Correct facts regarding the company's financial position.
- Healthy and cooperative inter-business relationships.
RELATED QUESTIONS
Which one is not a way to manage stakeholder expectations?
______ is an expectation of employers.
To help the weaker sections of society by giving them preference in employment, to respect human rights including rights of women and children etc. are expectations of ______.
Safety of capital of contributed is an expectation of ______.
Which of the following are the expectations of competitive competitors?
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Suppliers | i | Contribution of business to the local economy |
| (b) | Employees | ii | Provide capital |
| (C) | Shareholders | iii | Provide physical and mental efforts |
| (d) | General public | iv | i |
State any two expectations of the Associates from a business enterprise.
State any two expectations of the general public from a business organisation.
Explain the expectations of government from a business enterprise.
Explain the expectations of the Government from a business organisation.
