Third Party Vendors

just don't get third partied

uhhh third parties are sometimes good and sometimes bad. choose the good ones to do business with.

Third-Party Relationships (Raw Lesson Content)

• Vendor - A vendor is a company that sells an organization's goods or provides supplies an organization needs.
• Supply chain - Supply chain relationships are collaborative relationships in which companies work together to achieve their operational objectives.
• Business partner - A business partnership is an agreement between parties to operate a business together and to share its profits.

Conflict of Interest

when interests and advantages compete in prioritization with mutual collaboration between organizations, sometimes due to:

• financial interests
• personal relationships
• competitive relationships
• insider information