The environment in which business operates

Describe the environment in which business operates

Your CEO wants to develop specific criteria to select vendors for office supplies, equipment, etc. and has asked you to investigate selection criteria. In a two page business memo:
• Explain why a selection criteria is needed
• Recommend specific criteria (no less than 5 elements)
• Explain why each element in the list is needed
• To strengthen your recommendation, include an example of a company (one that is operating now - not a future one) and its criteria