L5m2 exam questions - Study guides, Class notes & Summaries

L5M2 Managing Supply Chain Risk Exam Updated Review 2024 Questions with Answers Approved A business continuity plan should be tested - Answer why?, To ensure the plan works, discovering shortcomings To rehearse the staff, training them to react in a certain way A major occurrence of risk is financial risk. How can these be categorised and what examples can be given? - Answer Internal: poor cost control leading to excessive costs, weak financial controls leading to fraud, high prices bein...

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