Which category of supply chain risk results from unanticipated increases in acquisition costs resulting from fluctuating exchange rates or supplier price hikes?Group of answer choicesProcurement riskReceivables riskDelay riskForecast risk
Question
Which category of supply chain risk results from unanticipated increases in acquisition costs resulting from fluctuating exchange rates or supplier price hikes?Group of answer choicesProcurement riskReceivables riskDelay riskForecast risk
Solution
The category of supply chain risk that results from unanticipated increases in acquisition costs resulting from fluctuating exchange rates or supplier price hikes is Procurement risk.
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