CIPS Managing Supply Chain Risk L5M2 Dumps in PDF

Free CIPS L5M2 Real Questions (page: 2)

Which of the following models would be used to explore internal and external risks to a business?

  1. Porter's 5 Forces
  2. STEEPLE
  3. SWOT
  4. Poisson Distribution

Answer(s): C

Explanation:

SWOT is used for this. S + W is strengths and weaknesses, which are internal risks. O+T are opportunities and threats which are external risks. See p. 12 for more information



Dave is a procurement manager for a chocolate factory who is running a tender to source cocoa from a new supplier. The tender is a huge opportunity for suppliers and the contract would be worth millions of pounds. Dave has passed some information about the tender to one of the bidders in exchange for a free holiday to Barbados.
Which of the following types of fraud has Dave committed?

  1. holiday fraud
  2. accepting a kick-back
  3. counterfeiting
  4. bribery

Answer(s): D

Explanation:

This is an example of bribery. The trip to Barbados is the bribe. For more information on these types of fraud see p.19



Risk should be a 'golden thread' that links all of the organisation's strategies, communications, policies and training. The LILAC model describes how a risk-aware culture can be created.
Which of the following form part of the LILAC model?

  1. Leadership and Learning
  2. Investment and Accountability
  3. Appraisal and Communication
  4. Learning and Information

Answer(s): A

Explanation:

The LILAC Model is; Leadership, Involvement, Learning, Accountability and Communication. P. 149



Which of the following are technological risks to an organisation? Select TWO

  1. cyber-security issue
  2. supply chain security issue
  3. supplier management issue
  4. network failure
  5. quality failure

Answer(s): A,D

Explanation:

Cyber security and network failure are two types of security risks. See. P. 154. There aren't a lot of questions on chapter 3.4 as it's a very short chapter and a lot of the material is repeated in earlier chapters. A brief look over this chapter is all you'll need before the exam.



Maple Tree Limited is a Canadian company who has recently signed a new contract with a supplier who is based in Chin

  1. Maple Tree Limited will be buying a raw material with a reputation for severe price fluctuations.
    Which of the following would help mitigate the risk that this poses? Select TWO options
  2. quote in the supplier's currency
  3. quote in the buyer's currency
  4. use a forward exchange contract
  5. fix the exchange rate at the current rate

Answer(s): C,D

Explanation:

The correct answers are 3 + 4. To mitigate the risk, you want to ensure price stability for the duration of the contract- you don't want the prices to keep going up and down. Therefore options 1 and 2 wouldn't help- the prices would still go up and down regardless of which currency was used for quotes. Using a forward contract, or fixing the exchange rate, however, would give price certainty,

and therefore mitigate the risk. See p.23 for more information on currency risks and how to overcome these



Share your comments for CIPS L5M2 exam with other users:

A
ally
8/19/2023 5:31:00 PM

plaese add questions

D
DIA
10/7/2023 5:59:00 AM

is dumps still valid ?

A
Annie
7/7/2023 8:33:00 AM

thanks for this

A
arnie
9/17/2023 6:38:00 AM

please upload questions

T
Tanuj Rana
7/22/2023 2:33:00 AM

please upload the question dump for professional machinelearning

F
Future practitioner
8/10/2023 1:26:00 PM

question 4 answer is c. this site shows the correct answer as b. "adopt a consumption model" is clearly a cost optimization design principle. looks like im done using this site to study!!!

A
Ace
8/3/2023 10:37:00 AM

number 52 answer is d

N
Nathan
12/17/2023 12:04:00 PM

just started preparing for my exam , and this site is so much help

C
Corey
12/29/2023 5:06:00 PM

question 35 is incorrect, the correct answer is c, it even states so: explanation: when a vm is infected with ransomware, you should not restore the vm to the infected vm. this is because the ransomware will still be present on the vm, and it will encrypt the files again. you should also not restore the vm to any vm within the companys subscription. this is because the ransomware could spread to other vms in the subscription. the best way to restore a vm that is infected with ransomware is to restore it to a new azure vm. this will ensure that the ransomware is not present on the new vm.

R
Rajender
10/18/2023 3:54:00 AM

i would like to take psm1 exam.

B
Blessious Phiri
8/14/2023 9:53:00 AM

cbd and pdb are key to the database

A
Alkaed
10/19/2022 10:41:00 AM

the purchase and download process is very much streamlined. the xengine application is very nice and user-friendly but there is always room for improvement.

D
Dave Gregen
9/4/2023 3:17:00 PM

please upload p_sapea_2023

S
Sarah
6/13/2023 1:42:00 PM

anyone use this? the question dont seem to follow other formats and terminology i have been studying im getting worried

S
Shuv
10/3/2023 8:19:00 AM

good questions

R
Reb974
8/5/2023 1:44:00 AM

hello are these questions valid for ms-102

M
Mchal
7/20/2023 3:38:00 AM

some questions are wrongly answered but its good nonetheless

S
Sonbir
8/8/2023 1:04:00 PM

how to get system serial number using intune

M
Manju
10/19/2023 1:19:00 PM

is it really helpful to pass the exam

L
LeAnne Hair
8/24/2023 12:47:00 PM

#229 in incorrect - all the customers require an annual review

A
Abdul SK
9/28/2023 11:42:00 PM

kindy upload

A
Aderonke
10/23/2023 12:53:00 PM

fantastic assessment on psm 1

S
SAJI
7/20/2023 2:51:00 AM

56 question correct answer a,b

R
Raj Kumar
10/23/2023 8:52:00 PM

thank you for providing the q bank

P
piyush keshari
7/7/2023 9:46:00 PM

true quesstions

B
B.A.J
11/6/2023 7:01:00 AM

i can´t believe ms asks things like this, seems to be only marketing material.

G
Guss
5/23/2023 12:28:00 PM

hi, could you please add the last update of ns0-527

R
Rond65
8/22/2023 4:39:00 PM

question #3 refers to vnet4 and vnet5. however, there is no vnet5 listed in the case study (testlet 2).

C
Cheers
12/13/2023 9:55:00 AM

sometimes it may be good some times it may be

S
Sumita Bose
7/21/2023 1:01:00 AM

qs 4 answer seems wrong- please check

A
Amit
9/7/2023 12:53:00 AM

very detailed explanation !

F
FisherGirl
5/16/2022 10:36:00 PM

the interactive nature of the test engine application makes the preparation process less boring.

C
Chiranthaka
9/20/2023 11:15:00 AM

very useful.

S
SK
7/15/2023 3:51:00 AM

complete question dump should be made available for practice.

AI Tutor 👋 I’m here to help!