Failing to see the big picture and acting only in regard to single firm in the supply chain can be referred to as:
A) Silo mentality
B) Balking
C) Shortage gaming
D) Cross-selling

Question

Quizplus · Accepted Answer

Silo mentality is a term used to describe the situation when an organization fails to see the big picture and acts only in regard to its own objectives, without considering how it fits into the supply chain as a whole. This can result in suboptimal decision-making, a lack of collaboration, and missed opportunities for efficiency improvements. Balking refers to the act of refusing to participate in a transaction due to a lack of trust or confidence in the other party. Shortage gaming is a strategy used by firms to create artificial shortages in order to drive up prices, while cross-selling involves offering additional products or services to customers in order to increase revenue.

Failing to See the Big Picture and Acting Only in Regard