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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:
Jan 24, 2025
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 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

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Question 2

Which of the following statements about binomial distribution are true? Select THREE

Options:

A.

there are only two outcomes

B.

they are based on continuous events

C.

there is only one outcome per event

D.

each trial has the same probability

E.

the events of one trial will impact on the next one

Question 3

Which of the following is an example of force majeure?

Options:

A.

The supplier delivers materials late due to a breakdown

B.

The supplier asks for an uplift in prices

C.

The supplier is under criminal investigation for fraud

D.

The supplier's factory is hit by a hurricane