Certified Professional in Supplier Diversity (CPSD) Practice Test 20

A large corporation is evaluating its Supplier Diversity Program to enhance its engagement with minority-owned businesses. The program currently includes several components such as outreach initiatives, training for suppliers, and performance metrics. However, the leadership team is considering adding a new component that focuses on mentorship and capacity building for these suppliers. Which of the following best describes the importance of integrating mentorship and capacity building into the Supplier Diversity Program?