1.) A supply chain risk matrix takes into consideration: a. Risk types b. % probability of risk c. Impact to the business if that risk should occur d. All of the Above 2.) One of the first steps in conducting a supply chain risk assessment is to a. Find supply chain partners who can assist you b. Build contingency plans for things that might happen to your operations C. Getting a better understanding of your supply chain processes as in, "where's my stuff ?" d. All of Above 3.) The longer the extended supply chain, the greater the probability of risk a. True b. False 4.) A fire just shut down one of your supplier's factories and it will impact your operations, a. Good to calculate your TTS to their TTR b. Good to calculate your TTR to their TTS C. Make sure TTS and TTR are equal d. Not enough information is available 5.) A fire just shut down your factory. It produced $2 million worth of product per day a. Your survival period is equal to $2 million/day b. Your revenue exposure is $2 million/day for each day it takes to recover operations c. Your customers will be affected during TTR 6.) Which are ways to build resiliency ("harden") in supply chains? a. Add some buffer inventory around nodes or lanes that might be "risky" Consider cross-sourcing for key items C. Monitor your supply markets frequently for events, issues, exceptions d. Foster better information and communication sharing between you and suppliers e. All of the above 7.) Poor management at supplier's site resulted in product quality issues. This type of risk is: a. Financial risk b. Market risk C. Operational Risk d. Sourcing Risk 8.) Scenario Analysis, contingency planning, "war-gaming are all forms of (choose best answer): a. Building risk profiles b. Risk mitigation practices C. Dollarizing your revenue exposure d. Identifying types of risks 9.) An effective supply chain risk assessment looks at your operations, your supplier's operations, and even Tier 2 level suppliers a. True b. False for many businesses 10.) The coronavirus could be classified as a. High probability, low Impact b. Low probability, high Impact