Answer to Question #145691 in Management for Sinethemba

Question

discuss the various source of information buyers can utilize when seeking potential sources of supply

Answer 1

Sources of information about certain possible suppliers can be various sources such as collated from past internal reports performance, yearly reports, catalog library, publications, exhibitions, other buyers, sourcing agents, distributors, embassies, trade consultants, existing suppliers, customers, and colleagues. The yearly report is a softer, more, possible to understand version of the company's investments, and management philosophy. The study shows that property professionals considered a company's overall explanation of its business model to be important for analysis purposes. Exhibitions provide the chance for businesspersons to consider the needs and potential of the local market. When the exhibitors are collected together in the exhibition, you can predict your business development. You can also get the market potential for your results.