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Which is true regarding the impact on a company's profit: - 🧠ANSWER
✔✔:a $1 reduction in costs has a greater impact than a $1 increase in
sales
When assessing risks, firm should not only consider their exposure
internally, but should also consider the reactions of: - 🧠ANSWER ✔✔All of
the above (Competitors. Customers, Suppliers)
One strategy to manage supply chain risks is to maintain excess capacity
within the supply chain to handle unforseen events, referred to as: -
🧠ANSWER ✔✔redudancy