What are the risk trade offs in decision


Discuss the below:

You are the manager of Strategic Sourcing at Toyota Motor Corp and have just been called by the VP of global sourcing to whom you report. There has been a problem with the least 8 vehicles exhibiting sticking accelarator pedals and your boss is upset. Strong Evidence points to a problem with CTS, an electronic supplier, which has been recognized for high quality standards by the Toyota. You have asked to provide your boss with the following

Q: What are the risk trade offs in your decision? ( Placing blame versus accumulating evidence: dropping a supplier versus standing by a supplier)?

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Risk Management: What are the risk trade offs in decision
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