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A Risk Is an Uncertain Event That, If It Occurs

question 47

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A risk is an uncertain event that, if it occurs, can jeopardize accomplishing the project objective.


Definitions:

Supply Chain Management

The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Supply Chain Management

Supervising the progression of materials, finances, and information from the origin at the supplier, through the manufacturing process, onto wholesalers, retailers, and ending with the consumer.

Island

A piece of land surrounded by water, often used in various contexts such as geographical locations, metaphorical isolation, or data segmentation.

Supply Chain Management

The coordinated management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage.

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