An Approach to Risk Management That Requires Time and Relationship

question 129

Multiple Choice

An approach to risk management that requires time and relationship building 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:

Cocaine

A powerful and addictive stimulant drug extracted from the leaves of the coca plant, known for increasing dopamine levels in the brain.

Altered State

A condition of changed mental status, differing significantly from normal waking consciousness, which can result from various causes including meditation, drugs, or hypnosis.

LSD

LSD, short for Lysergic acid diethylamide, is a powerful hallucinogenic drug that alters perception, mood, and various cognitive processes.

Rates of Depression

The frequency or number of incidences of depression within a given population over a specific period of time.