Question

A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the highest level of risk?

Answer 1

Options:

1. Political issues
2. Environmental issues
3. Labor issues
4. Regulations
5. Social responsibility

Answer:

Option 3 is correct one.

Labor Issues

Step-by-step explanation:

Political issues have a larger number of severity index which enhances the risks associated with these issues making it the highest level of risk among these issues.