Answered: good relationships

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Related questions

Question

How will you establish good relationships with your suppliers? With your employees in a restaurant?

Expert Solution

Step 1 Introduction

Many people who work full-time report that they spend more time with their coworkers than they do with their wives and families. As a result, it's crucial to provide workers the chance to establish meaningful relationships with their coworkers. This may be done by planning unofficial get-togethers away from the office and by promoting staff contact. Small company owners who encourage and enable excellent connections in the workplace can profit in a variety of ways. Maintaining good relationships with different kinds of stakeholders such as employees, customers, government, suppliers and so on is essential for the reputation of an organization.