Supply Chain Risk
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All supply chain activity involves some degree of risk. Identify six potential sources and causes of risk in global supply chains.
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Solution Summary
This solution outlines some of the causes of risk in global supply chains and suggests how to mitigate this risk. Additionally, it provides a complete list of reference sources for further research of the topic.
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According to the COSO Executive Summary (Flaherty, Maki, et. al., 2004), all supply chain activity involves some degree of risk. This risk is inherently tied to the larger theme of internal control and includes the following six source and causes: (1) aligning risk appetite and strategy, (2) enhancing risk response decisions, (3) reducing operational surprises and losses, (4) identifying and managing multiple and cross-enterprise risks, (5) seizing opportunities, and (6) improving deployment of capital.
But what function does enterprise ...
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