Business Finance
Ashford Needs Identification & Defining Commercial Equivalents Discussion

ashford university

Question Description

From the end of Chapter 6, complete the following questions out of the section titled “Questions for Review and Discussion.” Each question should be thoroughly answered using support from the text, examples, and other scholarly sources.

  • Describe the differences between needs identification and defining commercial equivalents and discuss why it is preferable to separate into two stages.
  • Interpret the value to the organization when early supplier involvement (ESI) is implemented effectively.
  • Examine the advantages and disadvantages of specifying by performance.
  • Describe how a supply professional understands strategic requirements.

Submit to your instructor your two to three page Word document (not including the title and reference pages). Your paper should be formatted according to APA style as outlined in the approved APA style guide, and should cite at least two scholarly sources in addition to the textbook.

Final Answer

Attached.

OUTLINE

1. INTRODUCTION
2. BODY
3. CONCLUSION
4. REFERENCES


Running Head: MANAGEMENT

Understanding of Supply Professionals
Student Name:
Institutional Affiliation:
Instructor:
Date:

MANAGEMENT

2

The Difference between Needs Identification and Defining Commercial Equivalents
When dealing with or handling the customer base of a company, there exist two procedures
during the acquisition. These methods include needs identification plus their inclusion into
commercial equivalents. Needs identification is a situation where the supplier tries understanding
and determining what is exactly required by the consumers or customers. In other cases, it implies
the process by which the supplier or producer gives specifications in various categories to be in a
position of availing the precisely required commodities (Johnson, Leenders, & Flynn, 2010). The
needs are not technical; however, they reflect the consumers’ sensi...

SIMPLIFIED (16807)
Cornell University

Anonymous
Return customer, been using sp for a good two years now.

Anonymous
Thanks as always for the good work!

Anonymous
Excellent job

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