Phoenix Systems Manufactures Computer Chips and Is Based in Canada

question 40

Multiple Choice

Phoenix Systems manufactures computer chips and is based in Canada. This year the company has begun working with suppliers in other countries, but the suppliers' quality levels have been erratic. Based on what you have read, which of these is the most cost-effective way to combat this problem?

• A)Hire a broker or intermediary in a supplier's country to determine if that country has a supplier capable of keeping quality standards high.
• B)Fire all the suppliers but one, and use the increased amount of work to bargain for a lower cost per chip.
• C)Hire only Canada-based suppliers so Phoenix can take advantage of lower transportation costs and can more closely supervise product creation.
• D)Eliminate all suppliers and create computer chips in house with a specially trained staff.

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Definitions:

Psychological Definition

A definition that pertains to concepts, processes, or phenomena within the domain of psychology, the science of mind and behavior.

Trait Visibility

The extent to which a personality trait is observable or detectable by others in social contexts.

Self-Monitoring

The practice of observing and regulating one's own behavior in social situations to fit social norms or achieve personal goals.

Agency

The capacity of individuals to act independently and make their own free choices, uninfluenced by external forces.