Geographically concentrating suppliers is likely to decrease supply chain risk.

Name: Geographically concentrating suppliers is likely to decrease supply chain risk.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Geographically concentrating suppliers increases supply chain risk as it makes the supply chain vulnerable to natural disasters or political instability in that particular region. Diversifying suppliers across different regions is a better strategy to decrease supply chain risk.

Geographically Concentrating Suppliers Is Likely to Decrease Supply Chain Risk