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What is a solution to reducing dependence on suppliers for uncertain resources?

a) Increasing dependence on a single supplier for efficiency.
b) Diversifying suppliers to reduce vulnerability.
c) Ignoring supplier relationships.
d) Centralizing all resource acquisitions.

User Bopha
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Final answer:

Diversifying suppliers is a solution to reduce dependence on uncertain resources, as it lowers the risk associated with relying on a single supplier. Technology use, behavior change, and fair distribution are other practices for sustainable resource management, though these approaches have their limitations.

Step-by-step explanation:

A solution to reducing dependence on suppliers for uncertain resources could be b) Diversifying suppliers to reduce vulnerability. This strategy involves sourcing materials or services from multiple suppliers rather than relying on a single supplier, thereby minimizing the risk if one supplier faces an issue. Diversification of suppliers can provide a buffer against disruptions in supply and contribute to a more resilient supply chain.

Other strategic approaches include using technology to make better use of resources, changing behaviors to reduce consumption and human numbers, and distributing resources more fairly. However, it's important to recognize that these methods might be limited over time as resources are not infinite, and it is challenging to balance continuous economic growth with sustainable resource use.

Additionally, challenges such as intermittency complicate reliance on certain types of resources. Companies must plan carefully and consider potential disruptions to preserve operational stability.

User Chinmoy Panda
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