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Download Managing Supply Chain Risk Exam Dumps
NEW QUESTION 50
There are three main areas where third party suppliers are used in risk management. What are they?
- A. credit ratings
- B. supply chain management
- C. risk auditing
- D. contract negotiations
- E. disaster recovery
Answer: A,C,E
Explanation:
Explanation
3 4 and 5 are the correct answers. This is from p. 79 of the textbook - each of these three areas is then covered in detail throughout chapter 2.2.
NEW QUESTION 51
Which of the following will you put into box 3?
- A. financial
- B. strategic
(Correct) - C. hazard
- D. operational
Answer: B
Explanation:
Explanation
An aging workforce is a strategic risk for the business.
NEW QUESTION 52
Which of the following will you put into box 8?
- A. Force Majeure
- B. service credits
- C. NDA
- D. Conformance Specification
Answer: B
Explanation:
Explanation
The correct answers are as follows:
Table Description automatically generated
Service Credits are commonly used in IT contracts. This is where the customer is compensated financially should the system 'go down' for a period.
NEW QUESTION 53
Which of the following will you put into box 2?
- A. treat
- B. transfer
- C. tolerate
- D. terminate
Answer: A
Explanation:
Explanation
The correct answers are as follows:
Table Description automatically generated with low confidence
NEW QUESTION 54
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