Which of the following is/are the supply chain risks mitigation strategy/strategies?        I.         Assess and monitor new and existing suppliers.    II.         Reduce the dependence on single supply lines.  III.         Proactively address supply chain cyber threats. Group of answer choicesI, II & III.I & II only.I & III only.II & III only.

Which of the following supply chain disruption risk mitigation strategies can also improve supply chain cost efficiency?Group of answer choicesHaving multiple suppliersIncreasing inventory levelsAdding capacity at different locationsReducing supply chain complexity

Which of the following, while desirable from some perspectives, might actually increase the risk of supply chain disruptions?(I) fewer supply chain partners(II) a shorter supply chain(III) greater supply chain visibility

What potential challenges might organizations face when mapping supply chains?  A. Insufficient demand forecasting  B. Excessive supplier collaboration  C. Limited technological advancements  D. Inadequate risk management

To effectively manage supply risks, the supply manager mustMultiple Choiceinform the corporate risk officer of a potential risk, await instructions, and implement the directive.identify and classify risks, assess and monitor the potential impact, and develop a risk mitigation strategy.seek input from senior executives in other functional areas, propose a risk mitigation plan, and await instructions from senior management.review the commodity strategy, revise it as needed, and implement the strategy revision.confer with the chief financial officer (CFO), provide all requested data, and implement the CFO’s plan.

Which of the following is a technological source of supply chain disruption?Group of answer choicesLabor strikes at supplier factoriesEconomic sanctions on a supplier's countryCyberattacks on a supplier's IT systemsNatural disasters that damage supplier facilities