APICS Certified Supply Chain Professional (CSCP) — Question 305

Which of the following applications would be the most appropriate use of the ISO 31000 - Risk Management - Principles and Guidelines?

Answer options

• A. Defining contract terms and conditions
• B. Integrating resiliency into the company strategy
• C. Evaluating potential suppliers of critical items
• D. Identifying stable regions for production operations

Correct answer: B

Explanation

The correct answer is B because ISO 31000 focuses on risk management, which is crucial for integrating resiliency into a company's overall strategy. Options A, C, and D do not directly align with the principles of risk management as outlined in ISO 31000.