A firm is following a single window purchase system in his firm. The s

1.	A firm is following a single window purchase system in his firm. The supplier is a relative of the owner. Comment on this decision of the entrepreneur.
Answer» Single window purchase leads to many problems like: 1. Dis-interest or non-availability of other suppliers during the time of crises. 2. Favouritism of any time in business only leads to short term benefits and has long term loss of goodwill and reputation in the market.

A firm is following a single window purchase system in his firm. The supplier is a relative of the owner. Comment on this decision of the entrepreneur.

Answer»

Single window purchase leads to many problems like:

1. Dis-interest or non-availability of other suppliers during the time of crises.

2. Favouritism of any time in business only leads to short term benefits and has long term loss of goodwill and reputation in the market.