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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
______ expect the business organization to follow the laws and regulations of the country.
Mention any two expectations of Employees.
State any two expectations of employers from a commercial organisation.
Which of the following are the expectations of competitive competitors?
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Employees | i | Regular orders for supply |
| (b) | Government | ii | Protection of trade union rights |
| (c) | Society | iii | Protection of environment from pollution |
| (d) | Suppliers | iv | Avoid corrupting public servants |
Discuss the expectations of customers and business associates.
Explain the expectations of employers and employees as stakeholders in a commercial organisation.
Explain the expectations of employers and employees as stakeholders in a commercial organisation.
Give any five expectations of employees from a business enterprise.
Explain the expectations of government from a business enterprise.
