A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the highest level of risk?

Question

Business

Mohamed

1 September, 00:14

A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the highest level of risk?

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Answers (1)

Know the Answer?

Mckinley Reed · Answer 1

Options:

Political issues Environmental issues Labor issues Regulations Social responsibility

Answer:

Option 3 is correct one.

Labor Issues

Explanation:

Political issues have a larger number of severity index which enhances the risks associated with these issues making it the highest level of risk among these issues.