L5M2 CIPS Managing Supply Chain Risk exact Exam Questions

Managing Supply Chain Risk

Last Update 1 hour ago Total Questions : 120

The Managing Supply Chain Risk content is now fully updated, with all current exam questions added 1 hour ago. Deciding to include L5M2 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our L5M2 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these L5M2 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Managing Supply Chain Risk practice test comfortably within the allotted time.

Question # 11

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?

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

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

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

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

Question # 12

A large multi-national corporation has just been awarded a credit rating of C by the three main credit rating agencies. What does this score signify?

low risk

average risk

substantial risk

in default

Question # 13

Which of the following FIDIC Contracts would be suitable for a contract for offshore wind projects?

Construction Contract

Measured Term Contract

Minor Works Contract

Yellow Book Contract

Question # 14

Which of the following is an International Standard for Risk Management?

ISO 22301

ISO 27000

ISO28000

ISO31000

Question # 15

Risk Management is a process with several steps. Which of the following is the last step of the cycle?

identify risks

treat

monitor and review

communicate and consult

Question # 16

Company DDD has recently seen a drop in share price and has high levels of Work-in-Progress (WIP) due to late supplier deliveries. Which of the following is the type of risk the business facing?

financial

logistical

opportunity

reputation

Question # 17

Which of the following will you put into box 6?

audit

monitor

insurance

dual sourcing

Question # 18

Neruda Incorporated is evaluating potential suppliers ' financial standings as part of a tender. Which of the following companies is the most financially stable?

Company A has a high gearing ratio, high liquidity and few fixed assets

Company B has low liquidity, a high gearing ratio and increasing sales trends

Company C has low liquidity, low gearing and increasing sales trend

Company D has high liquidity, low gearing and lots of fixed assets