A person or company that sells services and/or products, such as a recruiting firm, financial consultant, or relocation company

A person or company that sells services and/or products, such as a recruiting firm, financial consultant, or relocation company

• A. Up-front
• B. Values
• C. Value chain
• D. Vendor/supplier

Answer: (D)

Think about external providers who supply services or products to a company. A recruiting firm, a financial consultant, or a relocation company is an outside entity that sells what the organization needs, so it’s a vendor or supplier. This term covers the people or firms that deliver goods or services to your business, rather than internal processes or payment terms. Up-front is about how payment is handled, not who provides the service. Values refers to beliefs or ethics, not the supplier relationship. The value chain is the internal sequence of activities that adds value, not the external seller.

Think about external providers who supply services or products to a company. A recruiting firm, a financial consultant, or a relocation company is an outside entity that sells what the organization needs, so it’s a vendor or supplier. This term covers the people or firms that deliver goods or services to your business, rather than internal processes or payment terms. Up-front is about how payment is handled, not who provides the service. Values refers to beliefs or ethics, not the supplier relationship. The value chain is the internal sequence of activities that adds value, not the external seller.