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From course:

GCSE Business 2020-2022 OCR

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Question:

What are the Benefits of having a Good Supply Chain and therefore good Decisions?

Author: eric_galvao



Answer:

-Repuation: Having everything go Right will send a Positive Image of the Business, as it won't Delay your Expectations -Efficieny: Production or Time to make the Products may go Down from Effective Decisions -Lower Unit Costs: Having a Negoation with the Supplier could lead to Lower Prices for Raw Materils, so Lower Unit Costs. This can be for Greater Proft, or for a Lower Price -Customer Satifactory: Making sure everything goes Right will Increase the Brand Loyalty


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