ICSE Class 10 Commerce 2018 Solved Papers
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Question : 21
Total: 31
SECTION - II
Explain any five expectations of Suppliers from a business organisation.
Solution:
Expectations of Suppliers from a business organisation :
(i) Suppliers expect that the organisation is going to make purchases from them on reasonable terms and not to exploit them.
(ii) Suppliers expect that reasonable time should be given to them by the organisation for the supply of goods as the processing and packing of order consumers time before they are delivered to the buyer.
(iii) Suppliers expect that company will provide correct information about its financial position.
(iv) Suppliers expect that company will maintain a healthy and co-operative interbusiness relationship.
(v) Suppliers expect that business organisation will ensure regular timely payment according to credit terms.
(i) Suppliers expect that the organisation is going to make purchases from them on reasonable terms and not to exploit them.
(ii) Suppliers expect that reasonable time should be given to them by the organisation for the supply of goods as the processing and packing of order consumers time before they are delivered to the buyer.
(iii) Suppliers expect that company will provide correct information about its financial position.
(iv) Suppliers expect that company will maintain a healthy and co-operative interbusiness relationship.
(v) Suppliers expect that business organisation will ensure regular timely payment according to credit terms.
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