Lamp Shade Imports
The ABC Lamp Company is an SME that designs and manufactures high quality lamps that are sold in high-end furniture stores across Canada and the United States. ABC imports lamp shades from Asia where costs are lower than in North America. ABC has received a large order from a hotel chain that wants to purchase 5,000 lamps in the next three months, and ABC will need to import corresponding lamp shades. ABC recently ended a relationship with a Chinese supplier due to the poor quality of shades that were shipped. ABC managers are seeking a new Asian supplier that can fill the hotel lamp order.
-Which of the following factors should be considered in ABC's search for a new lamp shade supplier?
A) Where is the manufacturing facility of the Asian exporter located?
B) Does the Asian lamp shade supplier sell to ABC's competitors?
C) What is the creditworthiness of the Asian lamp shade exporter?
D) At what bank does the Asian lamp shade supplier do business?
Correct Answer:
Verified
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