Question

Examples of disruptions to the global supply chain include

import restrictions.

port strike.

supplier bankruptcy.

government coup.

natural disaster.

product recall.

All of the above.

in global supply chain management, having a diversified supplier base is an example of

prudent cost control policy.

a risk mitigation strategy.

a sustainability measure.

an excellent human rights record.

In global supply chains, centralization of your warehouse network may be

never proven effective in supply chain networks.

a cutting edge practice.

an impossible undertaking.

a vulnerability within the supply chain.

All of the above.

TRUE or FALSE: you cannot develop risk mitigation strategies to protect against natural disasters.

True

False

One way to mitigate currency exchange risk is to

file an anti-dumping claim.

protest at the UN.

engage in hedging.

buy bitcoin.

Answer 1

Examples of disruptions to the global supply chain include

• All of the above

In global supply chain management, having a diversified supplier base is an example of

• A risk mitigation strategy

In global supply chains, centralization of your warehouse network may be

• All of the above

TRUE or FALSE: you cannot develop risk mitigation strategies to protect against natural disasters.

• False (Because you can buy insurance against natural disaster)

One way to mitigate currency exchange risk is to

• Engage in hedging (Currency hedging, a common practice among multinational companies)