Session length

1 / 20

Which action should be taken to develop appropriate measures for capacity building?

Focusing solely on cost savings

Job and idea creation attributed to capacity building efforts

Developing appropriate measures for capacity building involves creating a framework that enhances the abilities of suppliers to meet the demands of the market effectively. Job and idea creation attributed to capacity building efforts directly addresses the goal of empowering suppliers through skill enhancement, innovation, and increased productivity.

This measure signifies a commitment to fostering an environment where suppliers can develop new ideas and create jobs, which are essential aspects of capacity building. By investing in the growth and development of suppliers, companies can ensure a more robust and resilient supply chain, capable of adapting to changing market conditions and demands. Focusing on both job creation and innovation also indicates a long-term strategy for sustainability and growth, which is crucial in today's competitive landscape.

In contrast, concentrating exclusively on cost savings detracts from the fundamental goal of capacity building, which is to enhance overall supplier capability. Minimizing supplier relationships would limit collaborative opportunities and hinder capacity growth, while standardizing all supplier evaluations might not account for the unique strengths and potential of different suppliers. Overall, the focus on job and idea creation is integral to achieving effective capacity building in the supply chain.

Get further explanation with Examzify DeepDiveBeta

Minimizing supplier relationships

Standardizing all supplier evaluations

Next question

Find the option that is right for you!

All options are one-time payments.

$12.50

30 day premium pass

All the basics to get you started

  • Ad-free experience
  • View your previous attempt history
  • Mobile app access
  • In-depth explanations
  • 30 day premium pass access
$30.00 $87.50 usd

6 month DELUXE pass (most popular)

Everything with the 30 day premium pass FOR 6 MONTHS! & the ultimate digital PDF study guide (BONUS)

  • Everything included in the premium pass
  • $87.50 usd value for $30.00! You save $57.50!
  • + Access to the ultimate digital PDF study guide
  • + 6 months of premium pass access
  • + Priority support
$12.50 $18.99

Ultimate digital PDF study guide

For those that prefer a more traditional form of learning

  • Available for instant download
  • Available offline
  • Hundreds of practice multiple choice questions
  • Comprehensive content
  • Detailed explanations
Image Description
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy