SRP Lesson 4 Knowledge Check
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1. True or False: Lesson 4 mentions Rigorous supplier requirements as one of the common challenges that catch diverse suppliers off guard, and an example provided were requirements around a diverse supplier’s health & fitness regime.CorrectIncorrect
2. Streamlining operations and internal processes to improve efficiency and productivity, was listed as a way to mitigate which common challenge faced by Suppliers?CorrectIncorrect
3. Invoice factoring or financing options to bridge the cash flow gap was listed as a way to mitigate which common challenge faced by Suppliers?CorrectIncorrect
4. Mitigating pricing negotiations when working with major companies is essential for small business suppliers to ensure fair and sustainable pricing for their products or services. Which option below is NOT a way to do so.CorrectIncorrect