All of the Following Are Examples of Problem Factors That

question 24

Multiple Choice

All of the following are examples of problem factors that confront minority suppliers except _____.

• A)lack of access to capital
• B)large firms' efforts to optimize their supply bases
• C)inability to attract qualified managers and other professionals
• D)preference for bidding on government contracts
• E)minority suppliers' relatively small size leading to overreliance on large customer firms

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Definitions:

Ossification of Systems

The process by which systems, such as organizations or policies, become rigid and unchangeable, losing the ability to adapt or evolve.

Culture of Change

An organizational atmosphere where change is embraced and encouraged, facilitating adaptability and innovation.

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action within an organization, influencing its culture and decisions.

How the Mighty Fall

A framework or study analyzing the stages through which a successful organization or individual declines, often due to complacency or hubris.