Multiple Choice
To effectively manage supply risks, the supply manager must:
A) inform the corporate risk officer of a potential risk, await instructions, and implement the directive.
B) seek input from senior executives in other functional areas, propose a risk mitigation plan, and await instructions from senior management.
C) identify and classify risks, assess the potential impact, and develop a risk mitigation strategy.
D) review the commodity strategy, revise it as needed, and implement the strategy revision.
E) confer with the organization's management consultant, provide all requested data, and implement the consultant's plan.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Seldom do the actions of supply managers
Q6: There is a growing emphasis on strategic
Q7: Risks in the supply chain can be
Q8: Supply managers may be able to provide
Q9: Organizational objectives and supply objectives typically are
Q11: Even if a supply manager identifies and
Q12: The most fundamental question facing an organization
Q13: The key question in strategic supply management
Q14: Strategic planning can be defined as:<br>A) how
Q15: Linking supply strategy to corporate strategy is:<br>A)