Which of the Following Is Not One of the 12

question 16

Multiple Choice

Which of the following is not one of the 12 Golden Rules of Value Network Management?

• A) Reduce the prices suppliers charge through coercion
• B) Train and educate supply personnel in world-class processes, leadership, and change management.
• C) Work in a cross-functional mode with internal functions and with key suppliers.
• D) Recognize and reward excellence, both internally and externally.
• E) Study and understand supply management's business environment.

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Definitions:

Livestock

Domesticated animals raised in an agricultural setting to produce labor and commodities such as meat, eggs, milk, fur, leather, and wool.

Inventory

Consists of the goods and materials held by a business for the purpose of resale or production.

Consumer Good

A product intended for personal use or consumption by the general public.

Personal Use

Personal use refers to the use of something primarily for one's personal needs, benefits, or purposes rather than for business or professional matters.