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CIPS L5M2 Exam With Confidence Using Practice Dumps

Exam Code:
L5M2
Exam Name:
Managing Supply Chain Risk
Certification:
CIPS Level 5 Advanced Diploma in Procurement and Supply
Vendor:
CIPS
Questions:
120
Last Updated:
Feb 5, 2025
Exam Status:
Stable
CIPS L5M2

L5M2: CIPS Level 5 Advanced Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the CIPS L5M2 (Managing Supply Chain Risk) exam? Download the most recent CIPS L5M2 braindumps with answers that are 100% real. After downloading the CIPS L5M2 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIPS L5M2 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIPS L5M2 exam on your first attempt, we have compiled actual exam questions and their answers. 

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Managing Supply Chain Risk Questions and Answers

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Question 1

ISO 31000 is built on 11 guiding principles. Identify THREE of these.

Options:

A.

Risk management can create value

B.

Risk Management should take into account company culture

C.

Risk Management should address uncertainty faced by the organisation

D.

Risk Management should be done annually

E.

Risk Management should include only the Departments affected by risk

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Question 2

Robot Ltd manufactures high end robots. A lot of value is tied up in the stock that it holds within its warehouse as each robot is worth several thousand pounds. The company has decided to enlist the services of a third party provider for disaster recovery, to help them shape a plan for if something were to happen to the stock, such as a flood. Is this the correct thing for Robot Ltd to do?

Options:

A.

yes- a 3rd party can provide broader experience and expertise

B.

yes- a third party is a cheap option for disaster recovery planning

C.

no- Robot Ltd should create a cross-functional team to draw up the plan as internal stakeholders will understand the risks better than a 3rd party

D.

no - a 3rd party can only help in the solution stage of disaster recovery, not the planning stage

Question 3

Dave is a procurement manager for a chocolate factory who is running a tender to source cocoa from a new supplier. The tender is a huge opportunity for suppliers and the contract would be worth millions of pounds. Dave has passed some information about the tender to one of the bidders in exchange for a free holiday to Barbados. Which of the following types of fraud has Dave committed?

Options:

A.

holiday fraud

B.

accepting a kick-back

C.

counterfeiting

D.

bribery

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