Question
What is an important criterion for selecting a vendor?
Solution
Explanation: When selecting a vendor, having a strong track record of delivering goods or services on time and meeting specifications is crucial. This demonstrates the vendor's reliability and their ability to meet the organization's needs consistently.
More Alternate Sources of Finance Questions
- Which of the following SDG Goals talk about Reducing inequalities within and among countries?
- Nagaland became the first Indian state to implement which type of insurance scheme?
- What is the name of the term deposit scheme launched by the State Bank of India (SBI) offering up to 7.75% interest?
- Which among the following is not the condition for change in the method of depreciation?
- What is the necessary requirement for granting loans and advances to relatives of Directors?
- In organisational behaviour, what perspective supports the belief that employee behavior is in large part based on own personal feelings, interactions, t...
- Which among the following are perpetual instruments with a contingent conversion feature in case of crisis?
- The Asset turnover is 5 times and Net margin is 3% for PQR Ltd. What is the Return on Investment for PQR Ltd?
- A loan granted for short duration crops will be treated as NPA, if the instalment of principal or interest thereon remains overdue for ________
- In case a foreign exchange quote is expressed in terms of home Currency Price for the one unit of foreign currency, it is referred to as:
