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Questions and Answers
What is crucial for an organization to achieve sustained success?
What is crucial for an organization to achieve sustained success?
- Focusing only on short-term gains
- Avoiding relationships with suppliers and partners
- Managing relationships with all interested parties (correct)
- Ignoring the impact of interested parties on performance
Which relationship management is highlighted as particularly important for an organization?
Which relationship management is highlighted as particularly important for an organization?
- Government agencies
- Competitors
- Unrelated third parties
- Supplier and partner networks (correct)
What helps in creating value for interested parties according to the text?
What helps in creating value for interested parties according to the text?
- Sharing resources and competence (correct)
- Ignoring goals and values
- Withholding information
- Avoiding quality-related risks
What should an organization establish with interested parties to balance short-term gains with long-term considerations?
What should an organization establish with interested parties to balance short-term gains with long-term considerations?
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What should an organization measure and provide feedback on to enhance improvement initiatives?
What should an organization measure and provide feedback on to enhance improvement initiatives?
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In addition to suppliers and partners, which other interested party might an organization collaborate with for development and improvement activities?
In addition to suppliers and partners, which other interested party might an organization collaborate with for development and improvement activities?
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Which factor contributes to enhanced performance of both an organization and its interested parties?
Which factor contributes to enhanced performance of both an organization and its interested parties?
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