What is one significant issue associated with global supply chains?
Understand the Problem
The question is asking for a significant issue related to global supply chains, providing multiple-choice options to select the best answer. It requires an understanding of global supply chain management and the challenges faced within it.
Answer
Global events like pandemics and natural disasters significantly impact supply chains.
One significant issue associated with global supply chains is the impact of global events such as pandemics, natural disasters, political conflicts, and trade disputes. These can disrupt transportation, cause supplier shortages, and lead to fluctuations in consumer demand.
Answer for screen readers
One significant issue associated with global supply chains is the impact of global events such as pandemics, natural disasters, political conflicts, and trade disputes. These can disrupt transportation, cause supplier shortages, and lead to fluctuations in consumer demand.
More Information
Global events have consistently shown their ability to destabilize supply chains, impacting production, transportation, and markets worldwide.
Tips
A common mistake is underestimating the interconnectedness of global supply chains and how a localized event can have widespread repercussions.
Sources
- Supply Chain Challenges FAQs - extensiv.com
- What's behind the global supply chain crisis? - J.P. Morgan - jpmorgan.com
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