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Managing Supply Chain Risk

Last Update 2 hours ago Total Questions : 120

The Managing Supply Chain Risk content is now fully updated, with all current exam questions added 2 hours 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 # 4

Portobello is an Italian manufacturing company that produces canned tomato sauces. It imports a lot of its tomatoes from Latin America as there isn ' t the capacity to grow that many tomatoes in Italy. One of the major risks posing Portobello is that the tomatoes must be transported via cargo ship, and there is a risk that the ship may sink, or be delayed by bad weather. Portobello has taken out insurance to cover the cost of the tomatoes should this happen. What technique has Portobello used?

A.

tolerate

B.

treat

C.

transfer

D.

terminate

Question # 5

Which of the following statements about normal distribution are correct? Select TWO

A.

it is the most common type of distribution pattern

B.

there ' s a small number of data points required to produce

C.

it is represented pictorially as a curve

D.

most of the data points correlate around the beginning

E.

it is shaped like a bell curve

Question # 6

Which of these is a type of Intellectual Property protection? Select TWO

A.

Warranty

B.

Condition

C.

Patent

D.

Trademark

Question # 7

Which of the following will you put into box 6?

A.

strategic

B.

intellectual property

C.

environment

D.

operational

Question # 8

Which of the following statements is true about ISO9001? Select TWO.

A.

it is based on the principle of continuous improvement

B.

it encourages businesses to see quality from the viewpoint of the customer

C.

it aims to ensure sustainability within the supply chain

D.

It complements ISO 20400

E.

it helps businesses to identify areas of potential risk and mitigate these accordingly

Question # 9

ISO 20400 represents what area of business?

A.

Quality Management

B.

Supply Chain Security

C.

Risk Management

D.

Sustainable Procurement

Question # 10

Which of the following will you put into box 6?

A.

new technology

B.

forward contract

C.

outsource

D.

insurance

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