Free CIPS L5M7 Exam Questions

Become CIPS Certified with updated L5M7 exam questions and correct answers

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Total 122 Questions | Updated On: Nov 20, 2024

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Question 1

Which of the following is an example of a closed-loop supply chain?

A : farm supplying milk to a diary manufacturer

B : The extraction of diamonds from a mine which are sold to a jewellery manufacturer

C : sale of second-hand cars at a retail outlet

D : retailer which accepts old phones to be given back to the manufacturer

Answer: D

Question 2

An organisation can leverage effective Supply Chain Management to deliver Competitive Advantage. What is meant by Competitive Advantage?

A : tperforming competitors financially

B : coming the leader in the marketplace through working closely with the supply chain

C : benefit that an organisation can use to out perform competitors in the marketplace

D : t savings by narrowing the supply chain

Answer: C

Question 3

2021-12-07-20-47-31-e2d86f27b567b81e2029955b255da44e

Which of the following will you put into box 2?

A : rategic

B : ttleneck

C : Tactical

D : gh Risk

Answer: B

Question 4

2021-12-20-15-55-10-0cb412434c866aeb99b2685dd16a87e0

Which of the following will you put into box 6?

A : tsource

B : rategic alliance

C : tain

D : iminate

Answer: B

Question 5

What is the primary motivation for offshoring?

A : eaper holidays

B : ploit other countries' resources

C : t costs

D : prove cultural competence

Answer: C

Page: 1 / 25

Total 122 Questions | Updated On: Nov 20, 2024

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