Question: Match the following common risks with the appropriate mitigation strategy. Regulatory risk Natural disaster Logistics failure Country risks Major quality failure Detailed tracking, alternate suppliers
Match the following common risks with the appropriate mitigation strategy.
Regulatory risk
Natural disaster
Logistics failure
Country risks
Major quality failure
Detailed tracking, alternate
suppliers
Carefully select and monitor
suppliers
Contingency planning, insurance
Good legal advice, compliance
Currency hedging, local sourcing
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
