Question.5104 - W6: Risk Management and Risk Mitigation StrategiesPrompt:Every risk mitigation strategy addresses different types of risk and comes at a price but may also increase other risks. Provide an example of this and the effects this may have on mitigating risks and cost structures. How and when might this best be addressed by a company? In addition to reading your assigned resources for week 6, research online definitions for types of supply chain risks.
Answer Below:
Greetings xxx ve xxxx a xxxxxx good xxxxx risk xxxxxxxxxx strategies xxx super xxxxxxxxx but xxxx come xxxx some xxxxxxxxxx A xxxx example xx this xx dual xxxxxxxx as x way xx protect xxxxxxx problems xxxx suppliers xxxx a xxxxxxx gets xxx same xxxx from xxx different xxxxxxxxx it xxxxxx the xxxxxx of xxxxxxx out xx supplies xx one xxxxxxxx fails xxx this xxxxxx can xxxxxx raise xxxxx because xxx orders xxx smaller xxx each xxxxxxxx which xxxxx they xxx t xxxx as xxxx money xx makes xxxxxxxxx more xxxxxxxxxxx and xx requires xxxx effort xx manage xxxxxxxxxxxxx Also xxxxxxx with xxxxxxxx suppliers xxx bring xxx risks xxxx differences xx quality xx conflicting xxxxxxxx times xxxxx could xxxx up xxxxxxxxxx schedules xxx make xxxxxxx inventory xxxx expensive xx while xxxx strategy xxxxx with xxx kind xx risk xxxxxx issues xx might xxxxxx other xxxxxxxx like xxxxxx costs xxx more xxxxxxxxxxx operations xx handle xxxxx issues xxxxxxxxx should xx a xxxxxxxx risk-cost xxxxxxxx using xxxxx like xxxxx cost xx ownership xxx models xxx scenario xxxxxxxx It x better xx tackle xxxxx risks xxxxx of xxxx during xxxxxxxxx planning xx when xxxxxxxx on xxx suppliers xxxxxxx of xxxxxxx until xxxxx s x problem xxxxxxxxx checking xxx risk xxxxxxxxx can xxxx help xxxxxxx mitigation xxxxxxxxxx over xxxx How xxx companies xxxx the xxxxx balance xxxxxxx being xxxxxxxxx and xxxxxxx costs xxxx when xxxxxxx at xxxx mitigation xxxxxxxMore Articles From Management
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