Free CIPS L6M10 Exam Questions

In a scenario where an organization operates in a fast-turnaround industry and needs to launch a new product quickly, what is a critical factor for success in terms of time to market?

What explains the growing influence of reverse logistics? 

The following five companies are dealing with the challenge of managing a product portfolio, catering to diverse customer segments across international territories. Each company manager is tasked with prioritizing specificfocus areasand allocatingresourcesto overcome challenges. Company A: A grocery store chain frequently offers special promotions and discounts, significantly affecting ordering patterns. Thesevolatile pricesmake it challenging to maintain aconsistent revenue stream. Company B: A growinge-commercebusiness experiencing increasedshipping costsdue to the rapid expansion of product offerings and customer base. To maintain profitability, they need toreduce costs. Company C: Acustom-made furniture manufacturerfacingorder processing delays, leading to longer lead timesandincreased customer complaints. Company D: Amanufacturer of high-demand electronic gadgetsexperiencing demandexceeding supply, requiring order rationing. Customers are frustrated due toerrors in the rationing systemand have attempted togame the system. Company E: Aglobal electronics manufacturerstruggling to manage itscomplex supply chainacross multiple regions. The company needs to leveragetechnologyto improve efficiency and reduce operational costs. Q: For Company E, what recommended action should the company manager take? Answer Options:

Why must organizations consider pressure groups’ influence? 

GreenTech considers returns services due to competitor actions. What factor motivates this?