How to Manage Vendors: Getting the Best Results

How to Manage Vendors: Getting the Best Results

Assessment

Interactive Video

Business

12th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses effective vendor management, emphasizing the importance of building collaborative relationships rather than adversarial ones. It highlights a project management philosophy that focuses on addressing issues rather than assigning blame. The speaker suggests setting incentives for teamwork and collaboration to achieve better project outcomes.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary focus when managing vendors according to the text?

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OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does an adversarial relationship affect vendor management?

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OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What should be the attitude towards collaboration in vendor management?

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OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the suggested approach when a problem arises in a project?

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OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about blame in project management?

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OFF