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Exam CSCP topic 1 question 215 discussion

Actual exam question from APICS's CSCP
Question #: 215
Topic #: 1
[All CSCP Questions]

A company has designed its supply chain so that financial losses in one part of the supply chain will be offset by gains in another part. The company is employing which of the following strategies to address global risk?

  • A. Speculation
  • B. Flexibility
  • C. Product shifting
  • D. Hedging
Show Suggested Answer Hide Answer
Suggested Answer: D 🗳️
Explanation -
Hedge inventory is not a commonly used term in organizations, but many organizations do practice hedging when it comes to inventory. Hedging involves managing risk by building, buying, or contractually guaranteeing additional inventory at a set price if supply could be threatened or prices could rise. These decisions involve speculating on events such as the weather, the economy, labor strikes, civil strife, or political actions.
by 3kittens at Feb. 24, 2022, 2:57 a.m.

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Rajiv8047
10 months ago
Selected Answer: D
Hedging is a risk management strategy that involves offsetting potential losses in one part of the supply chain with gains in another part. It aims to minimize financial risks associated with global uncertainties such as currency fluctuations, price volatility, or geopolitical events.
upvoted 1 times
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Aswin_akr
1 year, 3 months ago
Answer is A!
upvoted 1 times
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Muhammad2022
1 year, 5 months ago
Correct Answer should be "B"
upvoted 1 times
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3kittens
2 years, 9 months ago
B. Flexibility
upvoted 1 times
Nowaz
2 years, 9 months ago
Nope. D is correct. Flexibility is adapting to changes
upvoted 5 times
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