Question: Match the following common risks with the appropriate mitigation strategy. Country risks Natural disaster Logistics failure Regulatory risk Major quality failure Detailed tracking, alternate suppliers
Match the following common risks with the appropriate mitigation strategy.
Country risks
Natural disaster
Logistics failure
Regulatory risk
Major quality failure
Detailed tracking, alternate suppliers
Carefully select and monitor suppliers
Contingency planning, insurance
Good legal advice, compliance
Currency hedging, local sourcin
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