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Questions and Answers
Which of the following reasons is NOT a valid reason for terminating a supplier relationship?
Which of the following reasons is NOT a valid reason for terminating a supplier relationship?
- The supplier is showing signs of financial instability
- The supplier is experiencing a temporary delay in delivery (correct)
- The supplier fails to comply with health and safety regulations
- The supplier is unable to provide recycled materials
What is a potential consequence of maintaining a relationship with a stakeholder engaged in unethical practices?
What is a potential consequence of maintaining a relationship with a stakeholder engaged in unethical practices?
- Better stakeholder cooperation
- Increased profits
- Legal consequences (correct)
- Improved reputation
What is a potential risk of maintaining a relationship with a financially unstable supplier?
What is a potential risk of maintaining a relationship with a financially unstable supplier?
- Better stakeholder cooperation
- Increased profits
- Improved supply chain efficiency
- Disruption to the supply chain (correct)
What is a potential consequence of terminating a supplier relationship without careful consideration?
What is a potential consequence of terminating a supplier relationship without careful consideration?
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Which of the following is a valid reason for terminating a stakeholder relationship?
Which of the following is a valid reason for terminating a stakeholder relationship?
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What may require changing suppliers or stakeholders to align with the new strategic direction of an organization?
What may require changing suppliers or stakeholders to align with the new strategic direction of an organization?
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What can impact an organization's performance if a supplier consistently fails to provide products or services of the required quality?
What can impact an organization's performance if a supplier consistently fails to provide products or services of the required quality?
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