Certification in Supplier Diversity 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 550

External driven metrics are primarily influenced by what factors?

Market trends and financial reports

Internal policies and practices

Laws and regulations for record keeping

External driven metrics are primarily influenced by factors that occur outside of an organization. Laws and regulations for record keeping represent external standards that organizations must adhere to and can significantly impact reporting and operational practices. Compliance with these legal requirements shapes how a company gathers and reports data, which can influence metrics related to supplier diversity.

While internal policies, market trends, and strategic goals play important roles in an organization’s performance, they are more reflective of the company's internal environment and strategic direction rather than external influences. By focusing on external regulations, a company ensures it meets legal and societal expectations, which can directly affect metrics related to supplier diversity and overall organizational transparency.

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Company-specific strategic goals

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