Dual sourcing is used by firms
A) to avoid the inevitable Kondratiev cycle.
B) to complete the product life cycle.
C) to minimize risk of labor disputes and their effects on production.
D) to decrease competition.
E) none of the above

Question

Quizplus · Accepted Answer

Dual sourcing helps firms mitigate the risk of disruption in the supply chain due to a labor dispute. By having an alternative source of labor, the firm can continue production even if there is a strike or other labor issue at one of their suppliers.

Dual Sourcing Is Used by Firms