Supplier relationships
What Supplier relationships means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Supplier relationships
Check what you remember
Read the wording for your board, then hide it and explain Supplier relationships in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The basis on which trade credit relies, with suppliers allowing businesses to delay payment for goods.
Topics that use Supplier relationships
- Types and sources of credit and the impact of credit within the economy (Pearson Edexcel A-Level)
Related terms
- Aggregate demand
- Business investment
- Financial institutions
- Leasing
- Loan
- Overdraft
- Share capital
- Trade credit
Using Supplier relationships in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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