Author Question: _____ is the process of identifying potential negative events, assessing the likelihood of their ... (Read 107 times)

karen · **on:** Jun 29, 2018

_____ is the process of identifying potential negative events, assessing the likelihood of their occurrence, heading off these events before they occur or reducing the probability that they will occur, and making contingency plans to mitigate the consequences if they do occur.
a. Supplier selection
b. Supplier evaluation
c. Supplier categorization
d. Global sourcing
e. Risk management

Question 2

Two of the most powerful globalization drivers involve avoiding cost inefficiencies and duplication of effort.

Indicate whether the statement is true or false