Which of the Following Is Not a Benefit of Effective

question 37

Multiple Choice

Which of the following is not a benefit of effective sourcing decisions?

• A) Appropriate supplier contracts can allow for the sharing of risk, resulting in higher profits for both the supplier and the buyer.
• B) Better economies of scale can be achieved if orders within a firm are disaggregated.
• C) Design collaboration can result in products that are easier to manufacture and distribute, resulting in lower overall costs.
• D) Firms can achieve a lower purchase price by increasing competition through the use of auctions.

Differentiate between the roles and characteristics of leaders and managers.

Comprehend the essence of vision in leadership and business direction.

Recognize various exit strategies for business owners and their applicability based on the business context.

Understand Maslow's hierarchy of needs and its application in business and management.

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Definitions:

In-Phase

Usually used to mean properly timed or properly balanced. A driveshaft that is in-phase would be assembled balanced and with the yokes aligned.

Drive Axles

The axles connected to the vehicle's drivetrain that are responsible for transmitting power from the transmission to the wheels, enabling movement.

Parallel-Joint Driveline

In driveline terminology, a drive shaft construction in which all of the companion flanges and yokes are parallel with the working angles of the U-joints set to being equal and opposite.

Mating Yokes

Components designed to connect or join together in a mechanical system, ensuring proper alignment and transfer of motion or force.