https://www.researchgate.net/publication/237646139_Managing_Risk_to_Avoid_Supply-Chain_Breakdown

Above is the link to the article

According to the article, which one(s) of the following statements regarding risks is/are CORRECT? (a) Disruptions occur with natural disasters, labor strikes, fire and terrorism. (b) We should use redundant suppliers to mitigate the risk of "disruption" associated with a high rate of obsolescence. (c) Exchange rate fluctuations cause procurement risk. (d) Creating common components across products is an approach to reduce system risk. (e) Companies can mitigate intellectual property risk by bringing, or keeping, some production in-house. (f) To lower the risk of disruption, Motorola used multiple suppliers for high-volume products and single sourcing for low-volume products.

2. Both paint and apparel industries are examples of the application of the "postponement" principle to reduce inventory risk. Please do some research and provide another "postponement" example. Explain.

3. According to the article, which one(s) of the following statements regarding "Stress Testing" is/are CORRECT? (a) It is a group exercise to understand and prioritize supply risks. (b) It is an effective way to get buy-in shared ownership to tackle supply chain risk. (c) The focus of the exercise is to determine the likelihood of unforeseen events. (d) The first step of the exercise is to identify key suppliers/customers, distribution centers, and shipping lanes. (e) Stress testing can identify risk-mitigation priorities for the near term, but not long term

4. According to the article, which one(s) of the following statements regarding "Tailoring risk management approach" is/are CORRECT? (a) Managers must tailor their response to risk with the consideration of reserve cost and product volume but not capacity cost. (b) Cisco selected an efficient, low-cost supplier for fast-moving (low-risk) items. (c) The benefit of pooling inventory is great only if the product has high forecast or inventory risk. (d) A specialized, decentralized approach offers the best way to keep capacity for slow-moving, short life cycle products with high forecast risk.. (e) When the cost of building a reserve is low, reserves should be decentralized

5. Explain why Sony Corp. selected flexible but high-cost plants in Japan and low-cost but specialized plants in Malaysia and China. Be specific.