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:

Mode of Transportation

Different methods used for moving people or goods from one place to another, such as road, rail, air, or sea.

Transportation Infrastructure

The foundational facilities and systems serving a country, city, or area, including roads, bridges, tunnels, railways, and ports, used for the movement of people and goods.

Investment Decisions

The process of making choices about where to allocate resources in order to generate the highest possible returns.

Carrier

A carrier is an entity that undertakes the transportation of goods or passengers from one place to another, including airlines, shipping lines, and trucking companies.