Which of the Following Is Not a Key to Effective

question 37

Multiple Choice

Which of the following is not a key to effective supply chain management?

• A)communication among members
• B)independence among members
• C)collaboration among members
• D)trust among members

---

Definitions:

Corporate Strategies

High-level plans or frameworks developed by businesses to achieve their long-term objectives and to secure a competitive position in the market.

Retrenchment Strategy

A business strategy used to reduce the scale or scope of a company's operations to improve financial stability during tough times.

Recruiting

The process of identifying, attracting, and selecting candidates for employment to fill job vacancies.

Prospector Strategy

A business strategy focused on growth and innovation by exploring new markets and opportunities, often at the risk of higher instability and investment.