Examlex
Governments encourage inward FDI because it transfers skill and technologies.
Request for Quotation (RFQ)
A formal solicitation process where suppliers are asked to provide bid proposals on specified goods or services, including price and delivery details.
Supplier Risk
The potential for negative impacts to a company's operations, profitability, or reputation resulting from its suppliers' actions or inactions.
Strategic Purchase
The acquisition of goods or services that are vital to a company's operations or strategy, often involving significant expenditure and planning.
Environmental Sustainability
The practice of using resources in a way that does not deplete them and conserves the natural environment for future generations.
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Q77: In a short essay, explain how global