Which of the Following Is Not an Action to Develop

question 31

Multiple Choice

Which of the following is not an action to develop and manage trust?

• A) Contract relations focus on continuous improvement
• B) Team and relationship skills are developed early
• C) A contracting philosophy and a legal infrastructure are designed to the relationship
• D) Develop multiple backup suppliers to assure continuity of supply
• E) Institutional trust is measured and managed

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Definitions:

Incremental Net Income

The increase in net income resulting from a particular business decision or activity, compared to what it would have been without that decision or activity.

Immediate Cash Outflows

Expenses or payments that must be made in cash immediately or within a very short time frame.

Present Value

The current value of a future amount of money or stream of cash flows, given a specified rate of return.

Payback Period

The time it takes for an investment or project to generate cash flow or profits sufficient to cover the initial outlay or cost.