Once a Firm Fully Rationalizes and Optimizes Its Supply Base

question 47

True/False

Once a firm fully rationalizes and optimizes its supply base, improvement will occur primarily by developing the capabilities of existing suppliers rather than by switching suppliers on a large scale.

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Definitions:

Reinforcement

In psychology, a process by which a behavior is encouraged to occur more frequently by rewarding it or decreasing the likelihood of its occurrence with punishment.

Gender-Differentiated Environments

Settings or contexts where roles, behaviors, or expectations are distinctly varied based on gender.

Exposed

Being subjected to something or revealed to conditions that may influence one's thoughts, behaviors, or health.

Siblings

Brothers or sisters, including full, half, step, and adopted relationships.