To effectively manage supply risks, the supply manager must: (Points : 1) inform

Question

To effectively manage supply risks, the supply manager must: (Points : 1) inform the corporate risk officer of a potential risk, await instructions, and implement the directive. seek input from senior executives in other functional areas, propose a risk mitigation plan, and await instructions from senior management. identify and classify risks, assess the potential impact, and develop a risk mitigation strategy. review the commodity strategy, revise it as needed, and implement the strategy revision. confer with the organization

Explanation / Answer

Hi, Please find the answer as follows: Identify and classify risks, assess the potential impact, and develop a risk mitigation strategy. Thanks.

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