Which of the Following Is NOT One of the Steps

question 14

Multiple Choice

Which of the following is NOT one of the steps taken by Pratt & Whitney to address concerns about on-time delivery?

• A)Pratt offered various financial incentives for completing on time,as well as financial and legal penalties for not completing on time.
• B)Pratt took a long-term view to ensure that capacity and suppliers were coordinated for future deliveries.
• C)Pratt started monitoring suppliers 100 weeks ahead of when parts were due to arrive at the manufacturing centers.
• D)If a supplier was not meeting its quality or production goals,Pratt sent engineers to help fix the problem at the source.

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Definitions:

Quality

The standard of something measured against other similar entities; it denotes how good or bad an object, product, or service is.

Supply And Demand

A fundamental economic model explaining the interaction between the quantity of goods supplied by producers and the quantity demanded by consumers.

Rent Control

Government policies or regulations that limit the amount landlords can charge for renting out a property, often to make housing more affordable.

Price Floor

A government-imposed minimum price that can be charged for a good or service, usually set above the market equilibrium price to aid producers.