Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is FALSE regarding managing risks in a supply chain? Group of answer choices Managing risks in a supply chain involves identifying

Which of the following is FALSE regarding managing risks in a supply chain? Group of answer choices Managing risks in a supply chain involves identifying risks, assessing their likelihood of occurring and their potential impact, then developing strategies for addressing those risks Strategies for addressing supply chain risks pertain to risk avoidance, risk reduction, and risk sharing with supply chain partners One type of supply chain risks come from suppliers, such as labor strike at suppliers, suppliers going bankrupt Enlarging the supply chain is a great way of reducing risks in a supply chain

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Leading And Collaborating In A Competitive World

Authors: Thomas S Bateman, Scott A Snell, Robert Konopaske

15th International Edition

978-1265051303

More Books

Students also viewed these General Management questions

Question

Define and discuss the nature of communication

Answered: 1 week ago

Question

Define and discuss the nature of culture

Answered: 1 week ago