What is the first step that lead firms take to develop


1. What is the first step that lead firms take to develop their suppliers?

A.Publicizing the results.

B.Creating shared value.

C.Supplier monitoring.

D.Capability building.

2. As a stakeholder, suppliers' interests include:

A.Earning income.

B.Utilizing productive capacity efficiently.

C.Building short-term, but profitable, business relationships.

D.Both A and B, but not C.

3. The primary goal(s) of the Food and Drug Administration include:

A.Ensuring the safety and effectiveness of a wide range of consumer products.

B.Prohibiting unfair or deceptive advertising.

C.Reviewing and approving new products before they are released to consumers.

D. Both A and C, but not B.

4. The public has the ability to demand a certain level of performance from a firm through which stakeholder networks?

A.Consumer advocacy groups.

B.Government agencies.

C.A firm's employees.

D. Both A and B, but not C

5. This type of audit is perceived by stakeholders as more objective and reliable:

A.Internal.

B.Government.

C.Crowd-pleasing.

D.Third-party.

6. Which of these statements is true regarding lead firms and their suppliers in the wake of the global financial crisis?

A.The number of widely used suppliers decreased.

B.Lead firms preferred larger suppliers.

C.Lead firms sought ongoing strategic relationships.

D.All of the above.

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Operation Management: What is the first step that lead firms take to develop
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