What Must Supply Chain Partners Do to Manage the Inherent

question 71

Multiple Choice

What must supply chain partners do to manage the inherent uncertainty in demand,technology,and supply factors?

• A)They must ensure that the contract is carefully documented to account for all possibilities.
• B)They must partner with multiple suppliers at each point in the supply chain.
• C)They must strictly enforce both legal and financial penalties.
• D)They must forge close relationships both upstream and downstream.

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Definitions:

Transformational Leadership

A leadership approach that causes change in individuals and social systems, characterized by inspiring followers to exceed their own interests for the good of the organization or cause.

Authentic Leaders

Individuals who lead with authenticity, transparency, and integrity, fostering trust and respect among followers.

Ethical Role Models

Individuals admired for their ability to make moral choices and demonstrate ethical behavior, inspiring others to follow similar principles.

Moral Dilemmas

Situations in which an individual must make a decision between two or more conflicting moral principles or values.