Discuss the below:
Create a 500-700 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.
There are many reasons why a company should pay attention to their reputation as it relates to their future vendor relations and product supply costs and availability. Complete the following:
Discuss why it is important for organizations to manage their reputation by answering the following questions:
1. What impact could a poor quality product have on a company?
2. How does reputation help a company to be more competitive?
3. How do you think a company can improve their vendor and customer relations?
4. Summarize 3 examples of what goes into the reputation of a company.