The Most Proactive Risk Management Activity Involves

question 131

Multiple Choice

The most proactive risk management activity involves

• A) Diversifying the supply base
• B) Identifying backup suppliers
• C) Developing a risk management plan
• D) Utilizing a supply chain IT system

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Definitions:

Internal Locus

A belief that one has control over their own life and outcomes rather than external forces.

Weak Internal

Referring to the lack of strength, structure, or robust processes within an organization's internal framework, affecting its effectiveness and efficiency.

Position Power Base

The authority or influence a person holds in an organization or group based on their role or position.

Legitimate

Lawfully recognized or conforming to established rules and standards, having a justified or recognized claim.