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Assignment: Understanding the Supply Chain Risks
MCQS
Submitted by: Urooba Mehmood
1. The formula of supply chain risk is________________
a. Probability of disruption x Impact
b. Probability of risk x Impact
c. Probability of occurrence x Impact
2. To help identify the risk profile of the business it is helpful to undertake a/an __________of the
main sources of risk across the network.
a. Case study
b. Audit
c. Action
3. The audit that examines the potential risk to business disruptions arising from five sources
include
a. Supply risk, demand risk ,process risk , control risk , environmental risk
b. Supply risk, demand risk ,process risk , cost risk , environmental risk
c. None of the above
4. Risk profile is _______________ impacted by the strategic decisions that senior management
takes.
a. Indirectly
b. Directly
c. Both directly and indirectly
5. There are ____ steps in developing the risk profile
a. Four
b. Two
c. Six
6. Risk mitigation plan includes two broad categories that include___________
a. Redundancy and flexibility
b. Redundancy and inflexibility
c. Duration and variability
7. A company’s risk profile is ________
a. Fixed
b. Constantly changing
c. Changes after 10 years
8. In process industries _________________ is the major force behind earning
a. Manufacturing
b. Processing
c. Promotion
9. The six steps involved in developing the risk profile include___________________
a. Priorities earning drivers, identify critical infrastructure, locate vulnerabilities
b. Model scenarios, develop responses, monitor the risk management
c. Both a and b
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10. How resilient are our processes?
a. Supply risk
b. Demand risk
c. Process risk

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Assignment: Understanding the Supply Chain Risks MCQS Submitted by: Urooba Mehmood 1. The formula of supply chain risk is________________ a. Probability of disruption x Impact b. Probability of risk x Impact c. Probability of occurrence x Impact 2. To help identify the risk profile of the business it is helpful to undertake a/an __________of the main sources of risk across the network. a. Case study b. Audit c. Action 3. The audit that examines the potential risk to business disruptions arising from five sources include a. Supply risk, demand risk ,process risk , control risk , environmental risk b. Supply risk, demand risk ,process risk , cost risk , environmental risk c. None of the above 4. Risk profile is _______________ impacted by the strategic decisions that senior management takes. a. Indirectly b. Directly c. Both directly and indirectly 5. There are ____ steps in developing the risk profile a. Four b. Two c. Six 6. Risk mitigation plan includes two broad categories that include___________ a. Redundancy and flexibility b. Redundancy and inflexibility c. Duration and variability 7. A company’s risk profile is ________ a. Fixed b. Constantly changing c. Changes after 10 years 8. In process industries _________________ is the major force behind earning a. Manufacturing b. Processing c. Promotion 9. The six steps involved in developing the risk profile include___________________ a. Priorities earning drivers, identify critical infrastructure, locate vulnerabilities b. Model scenarios, develop responses, monitor the risk management c. Both a and b 10. How resilient are our processes? a. Supply risk b. Demand risk c. Process risk Name: Description: ...
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