All of the Following Are Elements of Successful Supplier Suggestion

question 26

Multiple Choice

All of the following are elements of successful supplier suggestion programs except _____.

• A)the savings from the suggestion are often shared 50/50, not kept solely by the buying company
• B)the program focuses on total cost improvement, not simply cutting the supplier's margins
• C)successful buying companies provide prompt feedback to the supplier on its ideas and also implement good suggestions promptly
• D)it is critical to acknowledge the supplier's suggestions, through an awards program, newsletter, or announcement at a supplier conference
• E)the supplier should be allowed to keep 100% of the savings since it came up with the idea

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Definitions:

Carl Rogers

An influential American psychologist who founded client-centered therapy and emphasized the importance of a supportive, non-judgmental therapeutic environment.

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Lithium Carbonate

A drug frequently given to people suffering from bipolar disorder.

Mania

A mental health condition characterized by periods of extreme mood elevation, energy, and behavior that is unusually intense and can impair daily functioning.