Giving One Supplier Too Much Control Creates a Dependency Risk

question 57

True/False

Giving one supplier too much control creates a dependency risk for a company.

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Definitions:

Performance Decrements

A reduction in the effectiveness, efficiency, or quality of an individual's or group's work output.

Organizational Distress

A state where an organization is unable to meet its goals or is facing significant dysfunction, potentially leading to its decline or failure.

Person-Environment Fit

The degree to which an individual's personality, skills, and preferences match the demands and attributes of their workplace environment.

Stress

A condition of mental or emotional strain resulting from adverse or demanding circumstances.