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A Company Closely Monitors Supplier Performance and Notices Recent Late

question 222

Multiple Choice

A company closely monitors supplier performance and notices recent late deliveries from one supplier. The supplier discloses flood damage at the plant. The company quickly shifts sourcing to a new supplier and has minimal loss of sales. Which of the following risk strategies reflects the company's actions?


Definitions:

Motivator of Behaviour

Any stimulus that drives an individual to engage in a particular behavior, often aimed at achieving a specific outcome or reward.

Progression Principle

In fitness and training, the idea that the intensity and duration of exercise should increase gradually over time for optimal improvement.

Need for Power

An individual's desire to influence, control, or have authority over others.

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