Question
Can you go more in depth with the different types of risks posed by remote suppliers for my essay Explain more about the different risks
Can you go more in depth with the different types of risks posed by remote suppliers for my essay
Explain more about the different risks
The risks are
Quality risks: The risk that products or services from remote suppliers do not meet the required quality standards.
Delivery risks: The risk that products or services from remote suppliers are not delivered on time or in the correct quantity.
Compliance risks: The risk that remote suppliers do not comply with relevant laws, regulations, or ethical standards.
Financial risks: The risk that remote suppliers are unable to meet their financial obligations or that their financial stability is threatened. Security risks: The risk that remote suppliers are vulnerable to cyberattacks or other security breaches.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
