_____ Is Defined as the Continual Monitoring of the Strength

question 33

Multiple Choice

_____ is defined as the continual monitoring of the strength of suppliers' financial condition to ensure their ability to meet the purchaser's performance requirements for products or services.

• A) Operational risk management
• B) Sole sourcing
• C) Financial risk management
• D) Multiple sourcing
• E) None of the above.

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Definitions:

Contingency Approaches

Management theories suggesting that there is no one best way to make decisions; rather, the optimal choice depends on the situation.

Transactional Leadership Approaches

Leadership styles focused on the supervision, organization, and group performance, based on a system of rewards and penalties for achieving specific goals.

Trait Approaches

Trait approaches in psychology propose that individual personalities are composed of broad dispositions, and that these traits influence behavior.

Behavioral Leadership Approaches

Theories focusing on the observable behaviors of leaders and how these behaviors influence their effectiveness in guiding and motivating others.