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The aim of the paper is to investigate the perception of the supplier relationships and the tools used in their management in Hungary, examining as well as the unison of the declared and followed values concerning these relationships. The premise of the paper is that firms work in networks of business relationships. The performance of the firm is therefore affected not only by its inner processes and performance, but also by the performance of its business partners (suppliers, as well as customers) and by the management of their business relationships.
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