Which of the Following Methods Should Be Used to Manage

question 27

Multiple Choice

Which of the following methods should be used to manage the risk of non-delivery by suppliers?

• A) Impose arbitrary performance standards.
• B) Check with the supplier's competitors.
• C) Charge most supplier losses as expenses.
• D) Perform a credit check on the supplier.

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Definitions:

Computer-Savvy Generation

Describes the demographic cohort that has grown up with digital technology and is highly proficient in using computers and the internet.

Computer Experience

The exposure or engagement an individual has had with computers, including operating systems, software applications, and internet usage, impacting their proficiency and comfort level with technology.

Nontraditional Students

Individuals who pursue higher education but do not follow the typical pathway of enrolling immediately after high school, often being older and possibly having work or family obligations.

Economic Opportunities

The chances for people to improve their economic status through employment, investment, and educational pursuits.