Single Sourcing Is a Better Choice Than Multiple Sourcing Because

question 55

Multiple Choice

Single sourcing is a better choice than multiple sourcing because of the following:

• A)increased competition.
• B)ensuring that a supplier will not become complacent.
• C)spreading risk.
• D)gaining access to the supplier's design and engineering capabilities.

---

Definitions:

Active Approaches

Strategies or methods that involve direct engagement and proactive efforts in problem-solving or conflict resolution.

Involvement

The degree of personal commitment, engagement, or participation an individual has in a particular activity, organization, or cause.

Principle Of Scarcity

Refers to the economic principle that limited supply combined with high demand results in increased value.

Alliances

refer to formal agreements or partnerships between countries, organizations, or individuals to cooperate for specific purposes, often mutual defense or interest.