Which of the Following Statements Supports Single Sourcing

question 18

Multiple Choice

Which of the following statements supports single sourcing:

• A) there is a need to reduce supplier dependence on the buying organization.
• B) there is a high probability of a devastating natural disaster.
• C) there is a patent involved.
• D) there is volatility in the supply market.
• E) concerns exist about supplier capacity for future volume.

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Definitions:

High-performance Orientation

An organizational or team focus on achieving high levels of performance and excellence, often through setting challenging goals and standards.

Favorable Judgments

Positive evaluations or opinions formed about something or someone based on evidence and reasoning.

Competence

The ability to do something successfully or efficiently, encompassing skills, knowledge, and experience.

Cultural Diversity

The presence of multiple and different cultural groups, traditions, and practices within a community or organization.