Answered: What criteria should business use 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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Question

What criteria should business use to select suitable distributirs in China and what performance indicator should be used to evaluate supply chain performance

Expert Solution

Step 1

The criteria a business should use to select suitable distibutors in China which are as follows:

Area: A business should consider about how much area should be cover by a distributor is very important while selecting distributors in China.
Value in the market: A business should also consider about the value of distributors in the market. So, this is also an important factor which a business have to consider first while selecting a suitable distibutors in China.
Skills: A business should consider the marketing skills used by the distributor in order to take competitive advantage. So, this is also the another important factor which a business should consider while selecting suitable distibutors in China.
Supply: Consider the supply system of a distributor while selecting suitable distibutors in China.
Payment System: Payment System is the most important factor while selecting suitable distibutors in China.