To Build a Good Relationship with a Supplier and Become

question 31

Multiple Choice

To build a good relationship with a supplier and become more competitive, a small business should

• A) pay bills at the latest date possible.
• B) ignore sales representatives until ready to buy.
• C) browbeat the supplier into special concessions.
• D) minimize abrupt cancellations of orders, particularly to gain temporary advantages.

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Definitions:

Tourism Industry

The sector of the economy that deals with services related to travel and accommodation for tourists, including hotels, restaurants, and attractions.

Attracting Visitors

Attracting visitors refers to strategies and practices aimed at drawing individuals to a particular place, event, or website, often used in tourism, retail, and digital marketing to increase engagement and reach.

Brand Recognition

The extent to which a consumer can correctly identify a particular product or service just by viewing its logo, tagline, packaging, or advertising material.

Sports Apparel

Clothing designed specifically for sports and physical exercise, including items like jerseys, shorts, and sneakers, often featuring moisture-wicking properties.