Define disruption and risk in general terms and in terms of transportation


Disruption—disturbance or problems that interrupt an event, activity, or process.

Transportation Disruption—any significant delay, interruption, or stoppage
in the flow of trade caused by a natural disaster, heightened threat level, an
act of terrorism, or any transportation security incident.

Risk—exposure to the chance of injury or loss.

Transportation Risk—a future freight movement event with a probability of
occurrence and the potential for impacting supply chain performance.

Business

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An organization with a ________ maintains arm's-length relationships with vendors and is primarily focused on reducing the total spending

a. supply management orientation b. procurement orientation c. value orientation d. buying orientation

Business

The executive summary section is only meant to highlight key factors and motivate the person holding the plan to read it in its entirety. 

Answer the following statement true (T) or false (F)

Business

The Federal Employee Polygraph Protection Act:

a. prohibits private employers (with some exceptions) from using lie detector tests or test results as grounds for adverse employment decisions. b. prohibits only the federal government's use of polygraphs for making employment decisions. c. allows polygraphs of employees only to determine illegal drug use by them. d. completely prohibits all use of polygraphs by employers.

Business

A revolving credit agreement is a legally binding agreement between a borrower and lender

Indicate whether the statement is true or false

Business