Which of the Following Is False Regarding Phase 1,Basic Beginnings,of

question 69

Multiple Choice

Which of the following is false regarding Phase 1,Basic Beginnings,of supply management strategy development?

• A) Supply management is often characterized as a lower-level support function.
• B) The primary role of supply management is to ensure that enough supply capacity exists.
• C) Performance measures focus on efficiency-related measures and price reduction.
• D) The amount of resources for improvement is limited, usually because the highest ranking supply manager likely reports to manufacturing or materials management.
• E) Supply management strategies are established and integrated early into the product and process design stage.

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Definitions:

Self-Dealing

Any instance in which directors or officers make decisions that violate their corporate duty of loyalty.

Duty of Loyalty

An agent’s obligation to act in the interest of the principal.

Fifth Amendment

An amendment to the US Constitution that provides several rights to individuals, including protection against self-incrimination and double jeopardy.

Defective Corporation

A corporation about which an error or omission was made during its incorporation process.