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Blaize Manufacturing Company is using a weighted criteria evaluation system to certify suppliers.
a.Determine the total weighted score for the supplier shown below.
b.Based on the evaluation system and weights used by this firm, what is their purchasing objective?
c.Give an example of a real company that might be using this type of strategy.
d.If Blaize Mfg.classifies their vendors based on the following scores, how well is this supplier doing?
-Unacceptable (less than 50)
-Conditional (between 50 and 70)
-Certified (between 70 and 90)
-Preferred (greater than 90)
Deny Responsibility
The act of refusing to accept accountability or blame for actions taken or outcomes occurred, potentially to avoid negative consequences or maintain a certain image.
Status Quo
The current state or condition of affairs, often used to describe existing conventions or norms that are maintained over time.
Corporate Social Responsibility
Corporate Social Responsibility (CSR) is a business model in which companies integrate social and environmental concerns in their operations and interactions with their stakeholders.
Enough Power
Having adequate influence, authority, or resources to achieve specific goals or exert control in a given context.
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