The creation of a vender certification program requires:

Question

Quizplus · Accepted Answer

A vendor rating scale developed by the company is essential for a vendor certification program as it allows the company to evaluate and assess the performance of different vendors. The rating scale can be used to identify high-performing vendors and provide incentives for them to continue to perform well, while also identifying areas where vendors need to improve. A firm price list or membership in the SBA vendor certification program are not essential for creating a vendor certification program, and understanding the firm's EOQ is not directly related to vendor certification.

The Creation of a Vender Certification Program Requires