Strategies to Address Supply Chain Risks Include

question 3

Multiple Choice

Strategies to address supply chain risks include:
(I) risk avoidance.
(II) risk reduction.
(III) risk projection.
(IV) risk sharing.

• A) I, II, and IV only
• B) II and III only
• C) I and IV only
• D) II and IV only
• E) I, II, III, and IV

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Definitions:

Task Interdependence

The degree to which the work performed by one member of a group influences the work performed by other members.

Team Dynamics

The behavioral relationships and processes that influence the direction and performance of a team.

Cohesiveness

The quality of forming a united whole or working together in a cohesive and coordinated manner to achieve shared goals.

Explicit Ground Rules

Clearly defined and communicated guidelines or policies intended to set expectations and govern behavior in a specific context.