In its own country, a former supplier to your company recently began selling its own product that is identical to a product that was developed by your company.This is an example of:
A)Supply risk.
B)Sustainability.
C)Insourcing.
D)Strategic sourcing.

Question

Quizplus · Accepted Answer

This scenario represents a supply risk because a former supplier has become a competitor and can potentially disrupt the supply chain by no longer providing the product needed by the company. It also highlights the importance of diversifying supply sources to mitigate such risks.

In Its Own Country, a Former Supplier to Your Company