Which of the following methods should be used to manage the risk of non-delivery by suppliers?
A) Impose arbitrary performance standards.
B) Check with the supplier's competitors.
C) Charge most supplier losses as expenses.
D) Perform a credit check on the supplier.
Correct Answer:
Verified
Q9: A staff member employed in the purchasing
Q10: A food producer inadvertently labelled a batch
Q13: A cost-benefit analysis is conducted to assess
Q26: In which risk management process would consumer
Q26: Rollie's Electric Ltd.notes its lawyer's account for
Q27: Escalating insurance premiums force Econo Courier Ltd.to
Q30: Which of the following risk management objectives
Q32: Against which of the following possibilities should
Q39: A trucking company owns a fleet of
Q40: Which of the following would strongly support
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents