Ade - BSMB23 Supply Chain Management

Operational risk involves a supply-demand lack of coordination resulting from an inadequate or failed process, people, or systems

• True

• False

To estimate the impact of risk in supply chain management, a risk profile can be used.

• True

• False

A fairly controllable risk in supply chain management is supplier lead-time failures.

• True

• False

Allocating resources is not one of the steps in the risk management process.

• True

• False

Which of the following strategies involve anticipating a worst-case scenario for supply chains?

• Resilience Strategy

• Preparedness Strategy

• Supply Chain Relationships Strategy

• All of these

• None of these

Which of the following is an infrequent but extremely impacting disaster?

• Resilience failure

• Black swans

• Incident failure

• All of these

• None of these

Which of the following is a fairly uncontrollable risk in supply chain management?

• Changes in law impacting supply chain

• Epidemics

• Wars

• All of these

• None of these

An alliance involving goods and services that are of strategic importance to the success of the purchasing organisation is called a business alliance.

• True

• False

The supply chain management intensity continuum is based on the intensity of the desired relationship with a supplier

• True

• False

We would expect the relationship between a supply chain purchaser and a supply partner in a transactional relationship to be moderate to low

• True

• False