Certified Supply Chain Professional CSCP Practice Practice Test
CSCP CSCP Supply Chain Risk Management Questions and Answers 3
What is the key difference between risk mitigation and risk transfer in supply chain management?
Select your answer
A
Mitigation eliminates risk entirely while transfer reduces it
B
Mitigation reduces the probability or impact internally while transfer shifts the financial burden to a third party
C
Transfer is always less expensive than mitigation
D
There is no practical difference between the two strategies
Hint
