Assessing Senior Management Support in Partnerships
22 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is NOT a consequence of lack of trust in a partnership?

  • Improved Communication (correct)
  • Increased Costs
  • Reduced Collaboration
  • Low Morale and Commitment

What is one reason for lack of trust in a partnership?

  • Consistent Actions (correct)
  • Lack of Resources
  • Past Negative Experiences
  • Cultural Similarities

What can happen if senior management doesn't support the goals of a partnership?

  • Increased resource allocation
  • Enhanced collaboration
  • Miscommunication and conflict (correct)
  • Improved communication

What is one consequence of lack of resources in a partnership?

<p>Increased Costs (C)</p> Signup and view all the answers

What is the role of senior management support in a partnership?

<p>To make informed decisions about the partnership (D)</p> Signup and view all the answers

What are some consequences of lack of senior management support in a partnership?

<p>Uninformed decision-making and misaligned goals (D)</p> Signup and view all the answers

What can happen if management doesn't fully support or understand the partnership?

<p>The partnership may face various challenges and potential failure (C)</p> Signup and view all the answers

Which of the following can significantly damage trust in a buyer-supplier partnership?

<p>Lack of transparency (D)</p> Signup and view all the answers

What is one way to develop trust in a buyer-supplier partnership?

<p>Open and honest communication (D)</p> Signup and view all the answers

Why is senior management support and trust important in a partnership?

<p>It can significantly influence the success of a partnership (A)</p> Signup and view all the answers

What is one benefit of aligning on shared goals and values in a partnership?

<p>It prevents misunderstandings (A)</p> Signup and view all the answers

What is one consequence of lack of senior management support in a partnership?

<p>Decreased efficiency and effectiveness of partnership operations. (B)</p> Signup and view all the answers

Why is senior management support important in a partnership?

<p>It ensures alignment with the organization's strategic objectives. (D)</p> Signup and view all the answers

What is one benefit of senior management involvement in partnership operations?

<p>Improved decision-making process. (D)</p> Signup and view all the answers

Which of the following is NOT a factor that can undermine trust in a partnership?

<p>Shared goals and values (A)</p> Signup and view all the answers

Which of the following is NOT a recommended action to develop trust in a buyer-supplier partnership?

<p>Withhold information (D)</p> Signup and view all the answers

Which of the following is NOT a consequence of lack of senior management support in a partnership?

<p>Increased trust in the partnership (A)</p> Signup and view all the answers

Which of the following is NOT a recommended action to develop trust in a partnership?

<p>Treat your partner with disrespect (C)</p> Signup and view all the answers

Which of the following is a consequence of lack of trust in a partnership?

<p>Decreased collaboration and increased costs (D)</p> Signup and view all the answers

What is one potential reason for lack of trust in a partnership?

<p>Past negative experiences (C)</p> Signup and view all the answers

What is the role of senior management in ensuring the necessary resources for a partnership?

<p>Assessing resource requirements, securing resources, and managing resource allocation (B)</p> Signup and view all the answers

What can happen if senior management doesn't support the goals of a partnership?

<p>Miscommunication and conflict (D)</p> Signup and view all the answers

More Like This

Use Quizgecko on...
Browser
Open
Browser
Browser