Which of the Following Is NOT a Mitigation Strategy for Supply

question 16

Multiple Choice

Which of the following is NOT a mitigation strategy for supply risks associated with global supplier management?

• A)Establish collaborative relationship with global suppliers.
• B)Have a backup pool of suppliers.
• C)Limit the use of technology for supplier visibility.
• D)Select suppliers whose language and culture can be understood.

Identify and explain the process and impact of upward leadership within organizations.

Understand the dynamics of idiosyncrasy credits and their relevance to leadership and organizational norms.

Recognize the importance of followership and its theories in the study of leadership.

Learn about the constructs of leadership identity construction and the negotiation of leadership roles.

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Definitions:

Historical Cost

The original monetary value of an asset or investment at the time of its purchase, not adjusted for inflation or other factors over time.

Current Rate Method

In accounting, a method for converting the financial statements of a foreign subsidiary to the parent company's currency by applying the current exchange rate to all assets, liabilities, equity, income, and expenses.

Exposure

The extent to which a company is vulnerable to risks from external factors such as currency fluctuations, market volatility, or regulatory changes.

Exchange Rate

The value of one currency expressed in terms of another currency, used in converting amounts between different currencies.