What Is the Term Used to Identify the Ability of an Organization

question 5

Multiple Choice

What is the term used to identify the ability of an organization to detect and respond to unplanned events such as delayed shipment or a warehouse running low on a certain item?

• A)risk management
• B)event management
• C)risk pooling
• D)resiliency
• E)strategic inventory management

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Definitions:

De Jure Corporation

Latin for “lawful corporation”; a corporation that has met the mandatory statutory provisions and thus received its certificate of incorporation.

Alien Corporation

A business that is incorporated in a foreign country.

International Conglomerate

A large corporation that operates in various industries and is composed of companies located in multiple countries.

Foreign Corporation

A business entity that is registered in a country or jurisdiction different from where it primarily conducts its operations.