Concept
Version 8
Created by Boundless
Measuring Vendor Performance
![Business Feedback loop](../../../../../../../../../figures.boundless-cdn.com/8731/full/-feedback-loop-png-version.jpg)
Business Feedback loop
Firms need to compare products with specifications. The results become feedback for other stages in future business purchasing decisions. If a firm has any negative issues with a vendor, it is likely they will look for another one.
Source
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