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CIPS L5M2 Exam With Confidence Using Practice Dumps

Exam Code:
L5M2
Exam Name:
Managing Supply Chain Risk
Vendor:
Questions:
120
Last Updated:
Nov 21, 2024
Exam Status:
Stable
CIPS L5M2

L5M2: CIPS Level 5 Advanced Diploma in Procurement and Supply Exam 2024 Study Guide Pdf and Test Engine

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Managing Supply Chain Risk Questions and Answers

Question 1

Which of the following risks would likely be tolerated by a company?

Options:

A.

no risks should be tolerated

B.

opportunities which are low risk and low impact

C.

opportunities which are low risk and high impact

D.

opportunities which are high risk and low impact

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Question 2

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

Question 3

Which of the following is not a benefit of having a contingency plan?

Options:

A.

competitive advantage

B.

increased staff morale

C.

greater resilience to force majeure events

D.

increased profits