Question

A manufacturer actively monitors a foreign country's political events whenever a supply chain disruption occurs within the country that exceeds 90 days. The manufacturer is following which of the following risk-response strategies?

a. Share
b. Avoid
c. Accept
d. Reduce

Answer 1

The manufacturer is following the reduce risk-response strategy by actively monitoring political events in a foreign country when a supply chain disruption exceeds 90 days.

Step-by-step explanation:

The manufacturer is following the reduce risk-response strategy. This strategy involves taking actions to minimize the impact of a risk event. In this case, actively monitoring the political events in the foreign country and mitigating the supply chain disruption exceeding 90 days would fall under the reduce strategy. By monitoring the events, the manufacturer can take proactive measures to address the disruption and minimize its impact on the supply chain.