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L5M2 Exam Dumps : Managing Supply Chain Risk

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Managing Supply Chain Risk Questions and Answers

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Question 1

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

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Question 2

Fudgylicious Inc is a manufacturer of confectionary based in the United Kingdom. In one of its factories an employee has an accident during his shift which resulted in him breaking a leg and requiring surgery. Will the employer's Professional Indemnity insurance cover the cost of the operation?

Options:

A.

yes- the insurance will cover all medical expenses as the accident occurred during his working hours

B.

yes- the insurance can be used as the accident occurred on the company's premises

C.

no- the insurance would not cover the cost of surgery, only for lost wages if he is unable to work

D.

no- this is not the purpose of insurance

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

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