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:

Ethical Principle

A foundation of guidelines for making moral decisions, typically used to address questions of fairness, justice, and rights.

Honest

The quality of being fair and truthful; free of deceit.

Possible Harm

The potential for damage, injury, or adverse effects in a situation, necessitating caution or preventive measures.

Benefits of Research

The valuable outcomes of research activities, which may include advancements in knowledge, societal improvements, and technological progress.