Answer to Question #176229 in Economics of Enterprise for Sibabalwe

Question

Discuss the source you would utilise to increase the pool of potential suppliers who be invited to tender

Answer 1

Online also known as internet is the best source to utilise to increase the pool of potential suppliers who be invited to tender. This is because one can locate and collect information on potential suppliers. Information on certain potential suppliers can be collected from previous internal recorded performance, annual reports, publications,trade directories, catalogues and customers the supplier serve.