The Purpose of a Vendor Certification Program Is to Create

question 135

True/False

The purpose of a vendor certification program is to create a list of acceptable vendors that the small business owner can spread his/her orders among to avoid stocking out due to delays in shipments.

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Definitions:

Proactive Management

A managerial approach focusing on anticipating future challenges and opportunities and taking preemptive action to address them rather than reacting to events after they occur.

Dysfunctional Teams

Groups in which conflict, miscommunication, or poor leadership hinder the achievement of goals.

Patrick Lencioni

An author and speaker known for his work on business management, particularly around team dynamics and organizational health.

Virtual Team

A group of individuals who work together from different geographic locations, supported by electronic communication technologies.