Business GCSE
Supplier negotiation
What Supplier negotiation means in Business GCSE, as defined for AQA.
Definition of Supplier negotiation
Check what you remember
Read the wording for your board, then hide it and explain Supplier negotiation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A way buyers can improve the price obtained, alongside bulk buying or payment terms, and may use several suppliers to keep competitive pressure.
Topics that use Supplier negotiation
- The role of procurement (AQA GCSE)
Related terms
- Analysing supplier choice in context
- Best value
- Brand reputation
- Buffer stock
- Consequences for operations and costs
- Contextual judgement
- Customer satisfaction
- Customer satisfaction and reputation
Using Supplier negotiation in the exam
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