Free CIPS L6M7 Exam Questions

Question 1

It is important for all Procurement and Supply Chain professionals to use Big Data in order to create efficiencies. Is this statement TRUE?

A : Yes - Big Data can save procurement and supply chain functions money in the long term

B : Yes - any organisation that refuses to use Big Data will be left behind and be unable to compete

C : No - not all businesses are able to support the use of Big Data

D : No - Big Data can lead to job losses and therefore should be avoided

Answer: C

Question 2

Ramesh is Head of Procurement at Wiggle Waggle Ltd. He is using a tool for predictive modeling and statistical analysis to inform upon future strategic business decisions. Which of the following is he using?

A : Analytics

B : Big Data

C : BI

D : Black Box

Answer: A

Question 3

Data Processing includes which of the following steps?

A : Acquisition

B : Reporting

C : Controlling

D : Processing

E : Storing

Answer: A,B,D,E

Question 4

The speed at which data can be transferred and accessed over the internet is known as ¦ ?

A : Bandwidth

B : Latency

C : Gigabytes

D : Tolerance

Answer: B

Question 5