GROUP 7 QUIZ

Which of the following is an internal risk factor associated with the day-to-day operations of a company?

• A. Economic Downturns

• B. Environmental Risks

• C. Operational Risks

• D. Geopolitical Risks

Which of the following is an internal risk factor associated with the day-to-day operations of a company?

• A. Strategic Risks

• B. Financial Risks

• C. Supplier Risks

• D. Environmental Risks

Employee turnover and lack of training are examples of which internal risk factor?

• A. Operational Risks

• B. Human Resource Risks

• C. Supplier Risks

• D. Economic Risk

Natural disasters impacting manufacturing and logistics are categorized under which risk factor?

• A. Technological Risks

• B. Financial Risks

• C. Suppliers Risks

• D. Environmental Risks

Which strategy enables better decision-making, forecasting, and early detection of potential disruptions?

• A. Inventory Management

• B. Consolidating Data

• C. Freight Tracking

• D. Scenario Planning

Operational risks are mainly due to factors outside a company’s control

• TRUE

• FALSE

Strategic risks in a supply chain can include decisions related to mergers and new market entry

• TRUE

• FALSE

Natural disasters, such as hurricanes, are considered internal supply chain risks

• TRUE

• FALSE

Economic downturns and fluctuations in demand fall under economic risks in supply chain management

• TRUE

• FALSE

Freight tracking lets you see the location of your shipments at any given moment, in real time.

• TRUE

• FALSE