1. Why should an organization (company) be concerned with supplier relationships in its long term business outlook? Explain in full. 2. How can an organization manage its suppliers effectively? How do we convince suppliers to take part in a partnership program? What arguments might a supplier use to try and avoid a partnership business arrangement? 3. What are the key factors that contribute to a lasting buyer-supplier relationship? 4. What are the criteria used in evaluating a supplier? How do we interact with a supplier when they are not meeting our required needs? 5. List and briefly explain the most important qualities of a good supplier