When shopping for a vendor,a small business owner should seek:

Question

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As a small business owner, it is important to maintain a balance between cost and quality. While the lowest price may seem appealing, it may come at the cost of poor quality or service. Therefore, seeking the best price at an acceptable quality is a more practical approach. Changing vendors often can also lead to instability and inconsistency in the supply chain, so it is not recommended. The transfer of risk is also important, but it should not be the sole focus when selecting a vendor.

When Shopping for a Vendor,a Small Business Owner Should Seek