Why Do Supply Chains Complicate the ERM Process

question 34

Multiple Choice

Why do supply chains complicate the ERM process?

• A) They lead to higher human resource risk.
• B) They lead to higher speculative risks.
• C) A disruption somewhere in the supply chain affects the operations of a firm.
• D) They do not complicate the ERM process at all.

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Definitions:

Information Technologies

The study and application of computers and telecommunications equipment to store, retrieve, transmit, and manipulate data.

Control

The ability to influence or direct people's behavior or the course of events.

Flexibility

The ability to adapt to new, different, or changing requirements and situations in various contexts, including work, personal life, and physical abilities.

Algorithmic Management

Using algorithms’ data processing power to extract information from big data to allow managers to oversee workers in an optimized manner at a large scale.