Answered: Should buyers insist on a site visit to…

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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Should buyers insist on a site visit to an overseas supplier?

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Introduction

An overseas supplier is the one who is supplying a commodity to another organization beyond the sea of his country. In simple words, the one who is supplying a product and the one who is buying the product for further use are both different organizations from different countries. The buyers may choose their own overseas suppliers for example supply of some specific vegetables from another country, the supply of an automobile part from another country, etc.

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