Papers on "Building Strategic Partnerships and Trust in the Supply Chain" and similar term paper topics

Paper #007473 :: Building Strategic Partnerships and Trust in the Supply Chain
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A paper which investigates the economic importance of building strategic partnerships between an organization and its suppliers.

Written in 2002; 840 words; 3 sources; APA; $ 29.95

Paper Summary:

A strategic alliance is a partnership between two organizations for a specific purpose. One common alliance is between an organization and its suppliers. This paper shows the reasons that problems occur in strategic alliances as being cultural differences, poor communication and opportunism. It shows too that one way to build trust in a partnership, is to ensure that these problems are prevented. Understanding the importance of respect and value and having the right corporate culture are also vital in allowing trusting strategic partnerships to exist and grow. The paper offers solutions for these problems.

From the Paper:

"For an agreement to be successful, each side of the agreement must feel as important as the other. If one side attempts to take control over the other, this only makes the agreement weaker, as the other organization begins to become resentful and begins to give less to the agreement. For an agreement to be successful both organizations must enter into it with the attitude that it is a partnership and not a competition. For the people involved in the partnership, there can often be a unconscious need to take control over the other organization, this is a natural reaction to being in the competitive world of business. To counteract this, it must be continually stressed to people involved with the partnership, that the partnership is an equal one for the benefit of both parties. The other organization should be seen as an extension of the first organization, rather than as a separate organization."

Tags: language opportunity cooperation

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