_____ is defined as the continual monitoring of the strength of suppliers' financial condition to ensure their ability to meet the purchaser's performance requirements for products or services.
A) Operational risk management
B) Sole sourcing
C) Financial risk management
D) Multiple sourcing
E) None of the above.

Question

Quizplus · Accepted Answer

The definition refers to financial risk management, which involves evaluating suppliers' financial stability and capability to meet performance requirements. Operational risk management focuses on identifying and mitigating operational risks within a company, while sole sourcing and multiple sourcing refer to procurement strategies.

_____ Is Defined as the Continual Monitoring of the Strength