The Following Supply Chain Security Activities,creating a Director of Security

question 14

Multiple Choice

The following supply chain security activities,creating a director of security position,hiring personnel with military and/or government experience,and performing a formal security risk assessment,would be classified as:

• A)​Basic Initiatives
• B)Reactive Initiatives​
• C)Proactive Initiatives​
• D)Advanced Initiatives​

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Definitions:

Export Subsidy

An export subsidy is a government policy to encourage export of goods and discourage sale within the domestic market, by providing financial assistance or tax relief.

Domestic Price

The price of a good or service within a country; this can be influenced by tariffs, taxes, and supply and demand.

Free Trade

An economic policy that allows imports and exports between countries with minimal or no tariff barriers.

Competition

The rivalry among businesses to attract customers, which can lead to improvements in products, services, and prices.