You are CEO of a large consumer products manufacturer and you are meeting with your strategic planning team. One of your team members has raised a concern about a supplier that has been a few days late on orders several times over the past year.
What do you do and why?
A. Arrange a high-level meeting with the supplier to discuss a solution to the problem.
B. Overlook the situation if no other competitive suppliers are available. Change suppliers if another competitive supplier is available.
C. Direct the VP of production to identify someone in his or her department to address the problem.