Nobody downloaded yet

Minority Supplier Development - Essay Example

Comments (0) Cite this document
National Minority Suppliers Development Council is a body based in the United States of America that is entitled to enhance the businesses of the minority group. The minority being referred are individuals who are 25% Blacks, Hispanic, Asia-pacific, Asia-Indian, and Native…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful

Extract of sample "Minority Supplier Development"

Download file to see previous pages The business being registered should be within the territory of United States. In addition to that the daily operations and management of the business should be conducted by the members of the minority group. A firm that feels it is entitled to be accredited as a Minority Supplier it can apply for certification using online platform. National Minority Suppliers Development Council will engage the help of specialists to determine the authenticity of the information granted to them. In case of application rejection, one can appeal to the board to review their decision. Minority Suppliers details are stored in the affiliate Regional Minority Suppliers Development Council database. Whenever a buyer or other business wants to transact with minority group, they can access their locality from the Regional affiliated offices.
Minority businesses in the United States have increased in the last TEN years. It has been argued that since President Obama assumed the office minorities felt that one of them had clinched the power. The number of registered Minority Businesses is two million, an increase of 70 percent comparing to those registered as at year 2005, generating USD 205 billion annually. However, despite the increased number of registered number of minority businesses, challenges still face them. The main one being the competition from well-established companies that are financial and market stable. Minority businesses depend on loan to run their businesses, and this restrains their capability and competitiveness ("The Challenges and Opportunities in Diversity for Small Business.", n.p). Enhancement of business operations for the minority is one thing and level ground in doing business is another aspect. Still fair grounds for doing business for the minorities has not yet been achieved, but NMSDC is working towards that.
The benefits NMSDC have generated to the minority members is beyond any measurable instrument. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Minority Supplier Development Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Minority Supplier Development Essay Example | Topics and Well Written Essays - 500 words. Retrieved from
(Minority Supplier Development Essay Example | Topics and Well Written Essays - 500 Words)
Minority Supplier Development Essay Example | Topics and Well Written Essays - 500 Words.
“Minority Supplier Development Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Minority Supplier Development

Small Supplier: Big Volume

...Small Supplier, Big Volume Viewpoint  This case is about wavering relationships with supplier. For companies, large or small, it is essential to undertake the financial position of other companies before settling any contract or agreement. This case specifies various unjust tactics which the other company can play in order to settle an important deal by any means. Many companies go for unethical and illegal practices in the obsession of making more money. This case is about two companies in which Success Inc is the customer of ABC GmbH, which is a supplier. This case focuses the challenges and issues which Success Inc faces while dealing with its supplier, ABC...
5 Pages(1250 words)Research Paper

Supplier Relations

...?SUPPLIER RELATIONS Essence of supplier relations to Boeing A good supplier relationship is an important tool for reducing costs and inventories. Thelong term effect is therefore that companies who ensure and adhere to good relationship with suppliers can be assured of organizational growth and development. This is because whenever companies are able to ensure that they reduce their inventories and costs, they have more room to keeps lost of their incomes and go low on expenditure so that their balance sheets would reflect larger profits (Krippendorff, 2004). Generally, a good supplier relation can be described as one in which the company...
3 Pages(750 words)Research Paper

Custmer and supplier

...local radio transmission signals, food products and technology based goods and services. As a result, university students especially aspiring engineers have been able to develop products and services that are listed. Students are allowed to management student centers where the supply services and products to fellow students at affordable prices. This service depends on the policy of the college or tertiary institutions. These services include recreation services, retail shops among other products. In such cases, the students become both suppliers and customers. Therefore, students create a demand and supply forces with minimal external interference. Recipients of student ingenuity i.e. Radio services...
5 Pages(1250 words)Essay

Minority report

...? Elderly Minority Report The aim of this report is to analyze the minority elderly persons and how the patterns of marital status, living arrangements, health status and care affect their aging. The paper will generally outline various factors that affect aging of the elderly minority who falls under the age of 65 and above from three different races in America. The paper will show how sex difference and ethnicity plays a major role in determining the aging process of these individuals. Lastly, the report will interview two individuals who fall under this bracket to explain the difference between their old age and the current age in terms of living conditions, health facilities and other...
9 Pages(2250 words)Research Paper

Minority Discrimination

..."Race and your community" Introduction: Discrimination against minorities is an old concept now. People get frustrated and suffer due to discrimination in their vicinities, workplaces, towns, educational institutes etc. Hence it can be said that discrimination is a commonly used phenomenon in all areas of life. Governments are trying to implement ways in which this problem can be controlled. Yet there is a room for improvement. This article would further discuss my personal experiences and research, on how discrimination is treating minorities. There has been a lot of discrimination against minorities in the developed nations. I, being a Muslim, have faced it to an...
5 Pages(1250 words)Essay

Minority Media

... that develop expertise on programs about race and identity d) The regulatory framework for digital TV should - at least in the short-term - protect program suppliers targeting specific interests and groups Bibliography 1. Parekh, Bhikhu (1997) Forward in T. Modood, R. Berthoud, A. Smith et al. (eds.) (1997) The Fourth National Survey of Ethnic Minorities: Ethnic Minorities in Britain, Diversity and Disadvantage. London: Policy Studies Institute 2. Bhabha, Homi K. (1996) 'Culture's In-Between' in Stuart Hall and Paul Du Gay (eds.) (1996) Questions of Cultural Identity. London: Sage 3. Hall, Stuart (1992) 'The New Ethnicities' in J. Donald and A. Rattansi (eds.) Race, Culture and Difference. London: Sage 4. Gillespie, Marie (1995... , the...
20 Pages(5000 words)Essay

Buyer Supplier Relationships

...Study Factors of Buyer Supplier Relationships Introduction: When companies buy material or any other things needed for their organisation, the procedure followed and the way it was executed reflects the organisational culture. Generally the companies follow two methods. First one is detailed drafting of contract, so that the supplier cannot easily cheat the company, and if any cheating happens the buyer will able to sue the supplier in the court. The second thing to follow is developing a close partnership with a supplying company. This makes a company to be benefited from the order of the buyer and will execute orders nicely as both of them were made inter dependable....
16 Pages(4000 words)Essay

Supplier Sourcing and Development; Contracting Risks and Arrangements

...Supplier Sourcing and Development Affiliation: Decisions are made at every level of business undertakings and management of business operations. These decisions take into account all stakeholders involved, evaluating and assessing their influence and impact on the likely decisions made. Before making any decision, it is fundamental to consider all influencing variables prior to the desired outcome. Decisions that involve make/buy or insource/outsource practices are critical in relation to the desired business outcome (Burt, Petcavage & Pinkerton, 2009). In making decisions related to these concepts, the important factors to consider are costs and benefits. The underlying decision must be evaluated in...
1 Pages(250 words)Assignment

Supplier Evaluation Processes

...travels between the evaluating supplier and the evaluated buyer and how the shaping as well as reshaping of information in the evaluation process is imperative (Hald and Ellegaard, 2011:888). Relying on a longitudinal and multiple case researches as the methodology to obtain findings, this essay will bring out the practical implications, originality, and value of evaluation of performance measurement in a supply chain ( Golmohammadi, 2007:121). Several studies brought forward that studies based on the development of systems aimed at addressing performance measurement outside legal company boundaries are three in classification. They are supply chain evaluation, buyer- supplier...
9 Pages(2250 words)Essay

Minority politics

...Other (s) Minority Politics: Article Review The article d “Bold Policies for Economic Justice” by Darity and Hamilton (2012) is one of the recent publications that have sought to address the issues of minority politics and race inequalities in the contemporary United States. Although the authors did not conduct their own research, their publication on the issue of economic justice is largely based on a review of previous researches including statistics from various Federal agencies such as Bureau of Labor Statistics among other literature reviews. The main argument of the article is that the post- racial American society marred with widespread racial unemployment disparities and serious racial wealth...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Minority Supplier Development for FREE!

Contact Us