Environment requires proper planning and critical thinking

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Looking for a simple response to this post, Deciding on any environment requires proper planning and critical thinking. A new supplier offering a product or service to your company is a big decision that should not be taken lightly. There are a few major concepts that need to be considered. How will the product or service increase the company's profitability? Is the information given by the supplier accurate? These are some questions that need to be addressed before making a decision. Proper research must be done to confirm the qualitative and quantitative data given by the supplier. The percentage for quantitative data and the verbal statements for qualitative data need to be confirmed. A primary source to support the decision could be from the original creator of the technology, and a secondary source could be an article about this technology. The difference is that a primary source comes from the actual person?

Reference no: EM133251727

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