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The textbook lists the following activities as Supply Chain Risk Management activities:
a.Increasing safety stock and forward buying
b.Identify backup suppliers and logistics services
c.Diversify the supply base
d.Utilize a supply chain IT system
e.Develop a formal risk management program
For each also provide the downside of utilizing that particular strategy.
Semiannually
Occurring twice a year; typically every six months.
Subordinated Debt
A class of debt that is ranked below other debts with regard to claims on assets or earnings in the event of a liquidation of the issuer.
Payment Of Principal
The act of paying back the original amount borrowed in a loan, separate from interest payments.
Lower In Priority
A status indicating lesser importance or urgency in comparison to other items or tasks.
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