Free Exam: Rutgers GLSCM Project 1.5
Number of Questions in Test: 16
Number of Questions in Preview: 5
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A shortage is a situation in which something needed cannot be obtained in sufficient amounts.
| Type: | True/False |
| Points: | 1 |
Question 2
If there is a shortage of a major material used to make a product, what is most likely to happen to the cost of the material, and to the price of the product?
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | Yes |
Question 3
Which of the following are risk mitigation strategies that a company might decide to implement to reduce the impact of a potential material shortage?
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |
Question 4
You are having a big party today, and it is very likely to rain, but your party will be indoors so the rain will have very little effect on the party. Which of the following describes the Probability and Impact of the rainy weather?
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | Yes |
Question 5
Supply chain disruptions are only caused by external (i.e., outside the company) events or circumstances.
| Type: | True/False |
| Points: | 1 |