Examlex
According to the text, unanimous agreement is not the best way to determine the merits of a proposed alternative strategy.To avoid this consensus trap, which technique assigns a group or individual to identify potential pitfalls and problems with a proposed alternative strategy in a formal presentation?
Competitive Bidding
A procurement process where suppliers submit their bids to win a contract, based on price and/or other criteria.
Vertical Integration
Developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor.
JIT Partnerships
Just-In-Time partnerships; close collaborations between suppliers and companies to ensure timely delivery of parts, minimizing inventory.
Unnecessary Activities
Tasks or processes that do not add value or contribute positively to the end goal, often considered wasteful.
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