Which of the following strategies can be used to help manage global risks?

Question

Quizplus · Accepted Answer

Flexibility can help manage global risks by allowing companies to adjust and adapt to unforeseen changes in the global environment. This can involve having multiple suppliers or manufacturing locations, being able to quickly switch to alternative modes of transportation, and having contingency plans in place for disruptions such as natural disasters or political upheavals. Direct shipment, cross-docking, and mass customization are supply chain strategies that may improve efficiency and customer satisfaction, but they do not specifically address global risk management.

Which of the Following Strategies Can Be Used to Help