In monochronic cultures, where people are highly focused on the clock, managers adhere to a strict schedule of meetings and activities

All of the following statements about the administration of a risk management program are true EXCEPT

A) The risk manager is an important part of a firm's management team. B) A risk management policy statement can be used to educate top executives about the risk management process. C) If a risk management program is properly designed, periodic review of the program is unnecessary. D) In order to properly identify loss exposures, the risk manager needs the cooperation of other departments.

________ is the process of managing the sequence of activities and information along the entire value chain for a product

A) Supply chain management B) Value chain management C) Supply management D) Customer management