In the figure shown below,which of the following is true?
Definitions:
Expected Monetary Value
A statistical technique in decision-making that calculates the average outcome when the future includes scenarios that may or may not happen.
Disaster Risk
The potential loss or damage that could result from the interaction of natural or human-made hazards with vulnerable conditions.
Suppliers
Businesses or individuals that provide goods or services to another entity along a supply chain, playing a vital role in production and distribution processes.
Multiple Suppliers
The strategy of sourcing a particular product or service from more than one supplier to reduce supply risk.
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