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Achieving Competitive Advantage Through the Supply Chain (L5M7)

Last Update 3 hours ago Total Questions : 88

The Achieving Competitive Advantage Through the Supply Chain (L5M7) content is now fully updated, with all current exam questions added 3 hours ago. Deciding to include L5M7 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our L5M7 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these L5M7 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Achieving Competitive Advantage Through the Supply Chain (L5M7) practice test comfortably within the allotted time.

Question # 4

Which is the correct order that ensures quality is achieved in a business process?

A.

Plan, Check, Do, Act

B.

Check, Act, Plan, Do

C.

Check, Do, Act, Plan

D.

Plan, Do, Check, Act

Question # 5

Guppy Fish Ltd manufactures machinery. A rival is releasing automated technology that could replace manual operation. What type of threat does this pose?

A.

Bargaining power of suppliers

B.

Bargaining power of buyers

C.

Threat of new entrants

D.

Threat of artificial intelligence

Question # 6

What is Business Process Re-engineering (BPR) ?

A.

Comparison of business strengths and weaknesses

B.

A strategy that analyses workflow to find efficiencies

C.

Repositioning a company in its market segment

D.

Refinancing of a company

Question # 7

Electro Bob is a wholesaler of electrical equipment. One of its customers, RoostyFace, spends very little and is unlikely ever to increase its spend. What type of customer is RoostyFace to Electro Bob (Supplier Preferencing Model)?

A.

Core

B.

Annoying

C.

Exploitative

D.

Nuisance

Question # 8

Which of the following is an example of a closed-loop supply chain?

A.

A farm supplying milk to a dairy manufacturer

B.

The extraction of diamonds from a mine sold to a jewellery manufacturer

C.

The sale of second-hand cars at a retail outlet

D.

A retailer which accepts old phones to be given back to the manufacturer

Question # 9

The 80/20 rule is also commonly referred to as what?

A.

Kraljic Matrix

B.

Pareto Principle

C.

Supplier Positioning

D.

SWOT Analysis

Question # 10

Which of the following statements about supply chain knowledge is correct? Select TWO.

A.

Where supply chain knowledge is low, there is high collaboration with partners.

B.

Where supply chain knowledge is low, members tend to operate independently of others.

C.

Where there is high readiness to use technology, IT use is deliberate and structured.

D.

Where technology utilisation is low, systems and policies are consistent.

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