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L5M2 – Managing Supply Chain Risk

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Showing 1–3 of 10 questions

Question 1

Which of the following statements is true about a Disaster Recovery Plan? Select TWO

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    it is held at the top level
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    it contains more detail than a business continuity plan
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    the focus is to return a company to making a profit after a disaster
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    it can be structured using a standardised framework
Question 2

Which of the following statements is true about ISO9001? Select TWO.

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    it is based on the principle of continuous improvement
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    it encourages businesses to see quality from the viewpoint of the customer
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    it aims to ensure sustainability within the supply chain
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    It complements ISO 20400
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    it helps businesses to identify areas of potential risk and mitigate these accordingly
Question 3

John is a mid-level manager and has created a risk / reward matrix about four potential opportunities at his company White Ducky Limited. He will present his research to a board meeting next week. He has categorised the four opportunities as the following. Which of these opportunities should John recommend the board 'consider'? Select TWO.

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    low risk / high reward
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    high risk/ high reward
  • ○

    low risk/ low reward
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    high risk/ low reward