As Supply Chains Have Become More Global, the Risk of Supply

question 12

Multiple Choice

As supply chains have become more global, the risk of supply disruptions has:

• A) decreased because risk is spread among suppliers all over the world.
• B) decreased because there are also more international laws and treaties.
• C) stayed the same because the issues are similar wherever suppliers are located.
• D) increased because other countries lack the business ethics of the U.S.
• E) increased because of financial and exchange rate fluctuations.

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Definitions:

Z Scores

Standard scores indicating how many standard deviations an element is from the mean.

Combinations

The selection of items from a larger set where order does not matter.

Distribution

The way in which values in a dataset are spread or dispersed across the range of data points.

Kurtosis

The quality of a distribution that defines how flat or peaked it is.