Risk Types Assessing Risk Steps to assess risk
100
B. risk within your control
What is an internal risk?
A. A business risk
B. A risk within your control
C. A risk outside of your control
D. A supply chain risk
100
A. True
Risk Equation = Probability of an Event * The Impact of the Event
A. True
B. False
100
D. Risk identification
What is the first step of risk mitigation?
A. Risk assessment
B. Risk planning
C. Risk tracking
D. Risk identification
200
C. A disruption caused by a naturally occurring phenomenon
What is an environmental risk?
A. An internal risk
B. A business risk
C. A disruption caused by a naturally occurring phenomenon
D. A risk within your control
200
B. False
Natural disasters are high probability events, with low impact.
A. True
B. False
200
C. Ordering risks from least to most critical
What is risk prioritization?
A. Identifying risks
B. Locating risk areas
C. Ordering risks from least to most critical
D. Finding alternative solutions to risk
300
B. False
All disruptions ARE natural disasters, but all natural disasters ARE NOT disruptions.
A. True
B. False
300
A. Node criticality
Which of the following is a risk driver?
A. Node criticality
B. Geographic location
C. Time
D. Industry
300
B. False
A risk assessment plan looks the same for every company.
A. True
B. False






Supply Chain Risk

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