Incentives That Focus Only on the Local Impact of an Action

question 59

Multiple Choice

Incentives that focus only on the local impact of an action result in decisions that

• A) do not maximize total supply chain profits.
• B) maximize total supply chain profits.
• C) minimize total supply chain profits.
• D) minimize total supply chain cost.
• E) none of the above

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Definitions:

Cultural Pre-competence

A stage where individuals or organizations start to recognize the lack of understanding or capability in dealing with cultural diversity and begin to seek knowledge.

Stunted Development

A condition often resulting from chronic malnutrition or persistent illness during childhood, leading to impaired growth and cognitive development.

Sincere Efforts

Genuine attempts or actions made with honesty and earnestness, often aimed at achieving a specific goal or resolving a problem.

Personalize Conversations

Tailoring dialogue or interactions to suit the individual characteristics, preferences, and needs of the person one is communicating with.