CIPS Managing Supply Chain Risk L5M2 Dumps in PDF

Free CIPS L5M2 Real Questions (page: 21)

Which of the following statements about FIDIC Contracts are true? Select TWO:

  1. They are used in the construction industry
  2. They are more collaborative than NEC contracts
  3. Each party manages their own risks separately
  4. Early warning notices are given when risks arise
  5. Change control is called a 'Compensation Event'

Answer(s): A,C

Explanation:

1 and 3 are correct answers. Options 2,4, and 5 are true for NEC contracts - NEC is more collaborative than FIDIC, early warning notices are given and change controls are called 'Compensation Events'. See p.74 for more information on FIDIC and NEC Contracts. This does come up in the exam



Which of the following risks is associated with sourcing from low-cost countries? Select TWO:

  1. operational risks
  2. reputational risks
  3. geopolitical risks
  4. financial risks

Answer(s): B,C

Explanation:

The correct answers are reputational risks and geopolitical risks. This is according to p. 77 of the study guide. Although I personally feel this is a bit presumptive, painting all 'low-cost' countries with the same brush (are all 'low-cost countries' politically unstable and allow dodgy things that will affect your reputation?, this is what the textbook says ...



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?

  1. low risk
  2. average risk
  3. substantial risk
  4. in default

Answer(s): C

Explanation:

a C grade = substantial risk. This is based on the grading system of AAA-D and is explained on p. 80.
basically anything that isn't an A is bad.



A supplier of non-critical items has a low credit score, Which of the following actions should be taken? Select TWO options.

  1. replace the supplier as quickly as possible with a more financially stable supplier
  2. conduct a benchmarking exercise
  3. create a risk assessment and mitigation plan
  4. inform the CEO of the company

Answer(s): B,C

Explanation:

The correct answers are conduct benchmarking and create a risk assessment. This supplier provides low value and low risk products - therefore the fact they have a bad credit rating isn't too much of a risk to your company. It's worth doing a benchmarking exercise to compare their position to others in the market to see if there are any industry-wide trends, and to create a risk assessment and mitigation plan. This could involve working with the supplier to help them improve their credit score, for example by using more favourable payment terms so they have a better cash flow. There's no need to replace them immediately, and there's no need to tell the CEO- they probably have more important things to think about than a singular supplier of non-critical items See p.81



Envy Manufacturing has several factories located in countries with poor reputations for human rights. It is concerned about potential risks of child labour being used within the supply chain. Envy Manufacturing has therefore decided to enlist the support of a third party auditing company to audit its factories. How should these audits be conducted? Select TWO

  1. organised well in advance to allow the factory managers to prepare for the audit
  2. conduct on the spot visits with no warning
  3. conduct group interviews with workers to ensure that all voices are heard
  4. conduct private meetings with a selection of workers

Answer(s): B,D

Explanation:

2 and 4 are correct. Audits should be unscheduled so that any issues can't be covered up in advance. Interviews with workers should also be conducted in private as this will allow them to speak their mind with confidence.
Where interviews are conducted as a group there may be peer-pressure to say the correct thing. especially if there are managers around. see p.88 for information on Audits



Share your comments for CIPS L5M2 exam with other users:

R
Raj
9/12/2023 3:49:00 PM

can you please upload the dump again

C
Christian Klein
6/23/2023 1:32:00 PM

is it legit questions from sap certifications ?

A
anonymous
1/12/2024 3:34:00 PM

question 16 should be b (changing the connector settings on the monitor) pc and monitor were powered on. the lights on the pc are on indicating power. the monitor is showing an error text indicating that it is receiving power too. this is a clear sign of having the wrong input selected on the monitor. thus, the "connector setting" needs to be switched from hdmi to display port on the monitor so it receives the signal from the pc, or the other way around (display port to hdmi).

N
NSPK
1/18/2024 10:26:00 AM

q 10. ans is d (in the target org: open deployment settings, click edit next to the source org. select allow inbound changes and save

M
mohamed abdo
9/1/2023 4:59:00 AM

very useful

T
Tom
3/18/2022 8:00:00 PM

i purchased this exam dumps from another website with way more questions but they were all invalid and outdate. this exam dumps was right to the point and all from recent exam. it was a hard pass.

E
Edrick GOP
10/24/2023 6:00:00 AM

it was a good experience and i got 90% in the 200-901 exam.

A
anonymous
8/10/2023 2:28:00 AM

hi please upload this

B
Bakir
7/6/2023 7:24:00 AM

please upload it

A
Aman
6/18/2023 1:27:00 PM

really need this dump. can you please help.

N
Neela Para
1/8/2024 6:39:00 PM

really good and covers many areas explaining the answer.

K
Karan Patel
8/15/2023 12:51:00 AM

yes, can you please upload the exam?

N
NISHAD
11/7/2023 11:28:00 AM

how many questions are there in these dumps?

P
Pankaj
7/3/2023 3:57:00 AM

hi team, please upload this , i need it.

D
DN
9/4/2023 11:19:00 PM

question 14 - run terraform import: this is the recommended best practice for bringing manually created or destroyed resources under terraform management. you use terraform import to associate an existing resource with a terraform resource configuration. this ensures that terraform is aware of the resource, and you can subsequently manage it with terraform.

Z
Zhiguang
8/19/2023 11:37:00 PM

please upload dump. thanks in advance.

D
deedee
12/23/2023 5:51:00 PM

great great

A
Asad Khan
11/1/2023 3:10:00 AM

answer 16 should be b your organizational policies require you to use virtual machines directly

S
Sale Danasabe
10/24/2023 5:21:00 PM

the question are kind of tricky of you didnt get the hnag on it.

L
Luis
11/16/2023 1:39:00 PM

can anyone tell me if this is for rhel8 or rhel9?

H
hik
1/19/2024 1:47:00 PM

good content

B
Blessious Phiri
8/15/2023 2:18:00 PM

pdb and cdb are critical to the database

Z
Zuned
10/22/2023 4:39:00 AM

till 104 questions are free, lets see how it helps me in my exam today.

M
Muhammad Rawish Siddiqui
12/3/2023 12:11:00 PM

question # 56, answer is true not false.

A
Amaresh Vashishtha
8/27/2023 1:33:00 AM

i would be requiring dumps to prepare for certification exam

A
Asad
9/8/2023 1:01:00 AM

very helpful

B
Blessious Phiri
8/13/2023 3:10:00 PM

control file is the heart of rman backup

S
Senthil
9/19/2023 5:47:00 AM

hi could you please upload the ibm c2090-543 dumps

H
Harry
6/27/2023 7:20:00 AM

appriciate if you could upload this again

A
Anonymous
7/10/2023 4:10:00 AM

please upload the dump

R
Raja
6/20/2023 5:30:00 AM

i found some questions answers mismatch with explanation answers. please properly update

D
Doora
11/30/2023 4:20:00 AM

nothing to mention

D
deally
1/19/2024 3:41:00 PM

knowable questions

S
Sonia
7/23/2023 4:03:00 PM

very helpfull

AI Tutor 👋 I’m here to help!