Business memo :Describe the environment in which business operates

 Learning Objective: Describe the environment in which business operates Prompt: 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 and its criteria. Instructions Use the attached memo template. Support your memo with 2 to 3 credible references beyond the course materials. Please note Wikipedia, Investopedia and similar websites are not credible academic references.