Your CEO wants to develop specific criteria to select vendors for office supplies, equipment, etc. and has asked you to investigate selection criteria. In a two page business memo:

• Explain why a selection criteria is needed
• Recommend specific criteria (no less than 5 elements)
• Explain why each element in the list is needed
• To strengthen your recommendation, include an example of a company (one that is operating now - not a future one) and its criteria.