The Terms 1^st Tier, 2^nd Tier, 3^rd Tier, in the Context

question 71

Multiple Choice

The terms 1^st tier, 2^nd tier, 3^rd tier, in the context of a supply chain refers to the ________.

• A) levels of supplier certification
• B) sequence of suppliers or customers that are in the chain but distant from the base/focal company
• C) value categories of procured commodities
• D) number of suppliers for a procured commodity

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Definitions:

Number of Hours

The amount of time spent on activities or work, often measured in hours per day or hours per week.

Karoshi Syndrome

A Japanese term referring to sudden death caused by overwork or job-related stress.

Hikikomori Phenomenon

A social condition in Japan where individuals choose to isolate themselves from society, often staying in their homes for months or years at a time.

Work-life Balance

refers to the equilibrium between professional responsibilities and personal life, aiming to reduce stress and enhance well-being.