Examlex
Please define the following key terms. Show Who? What? Where? When? Why Important?
-Edict of Milan
Competitive Edge
An advantage that allows an organization to outperform its competitors, achieved through superior products, processes, or strategies.
Supplier Relationships
The interaction and cooperation between businesses and their suppliers, aimed at achieving mutual benefits and ensuring a stable supply chain.
Supplier Goodwill
The positive reputation and relationship a supplier builds over time, which can lead to preferential treatment, better terms, or ongoing business opportunities.
Supply Manager
A professional responsible for managing and overseeing the procurement of goods and services in an organization, including supplier selection and contract negotiation.
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