What is an intellectual property risk associated with outsourcing production to a third-party supplier?Group of answer choicesThe supplier may have inadequate quality control systemsThe supplier may use child labor or other unethical practicesThe supplier may violate the company's patents or trade secretsThe supplier may experience natural disasters or political instability

A German company is considering outsourcing the manufacturing process to Japan. Some of the executive board directors are concerned that the Japanese company may not follow the exact production processes the German company normally uses. Which risk represents this concern?Higher than expected transaction costLoss of controlLoss of organization trustLoss of innovation

Which of the following are disadvantages of outsourcing?Loss of control over business processesIssues of turnaround timePotential loss of sensitive dataAll of the above

Companies that outsource strategically important operations run the risk ofMultiple choice question.assuming too much control over critical operations.reducing operating costs of the company that they partner with.weakening their ability to sustain their competitive advantage in areas vital to the company's success.reducing the capabilities of the company responsible for performing the outsourced activity.

risk of one supplier

Internal risks in procurement and supply chain may arise due to which of the following reasons?  A. Lack of availability of personnel  B. Change in customer taste  C. Government policies  D. Geopolitical issues