Once a company has chosen a vendor, further risk management is up to that vendor.

Name: Once a company has chosen a vendor, further risk management is up to that vendor.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

The statement is true because once a company has chosen a vendor, the vendor is responsible for managing the risks associated with their products or services. The company may have some oversight or monitoring responsibilities, but the ultimate responsibility for risk management lies with the vendor.

Once a Company Has Chosen a Vendor, Further Risk Management