A Costly, Stopgap Approach to Risk Management Is

question 119

Multiple Choice

A costly, stopgap approach to risk management is

• A) Increasing safety stocks and forward buying
• B) Identifying backup suppliers and logistics services
• C) Diversifying the supply base
• D) Utilizing a supply chain IT system

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Definitions:

Distributed Leadership

An organizational framework where leadership roles are shared among members of a group or organization, rather than centralized in a single individual.

Authentic Leadership

A leadership style that emphasizes transparency, integrity, and ethical behavior, promoting trust and authenticity.

Conjunctive Leadership

A leadership approach that emphasizes the collaboration and connection between leaders and team members, fostering unity and joint effort.

High-Performance Teams

Groups that achieve superior results through a combination of effective leadership, collaborative teamwork, and high levels of commitment and competence.