CIPS Managing Supply Chain Risk - L5M2 Free Exam Questions

A. tolerate

B. translate

C. transport

D. take out

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

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 is based on the principle of continuous improvement

A. take all risks

B. avoid taking risks

C. take risks where it feels it will win more than it loses

D. take few, well calculated risks

A. to get critical systems operational

B. to detect and react to an emergency situation, focusing on people's safety

C. to return to business as usual

D. to increase output to normal levels following a disaster

A. No- the Bribery Act doesn't account for facilitation payments

B. No- the Bribery Act extends to third parties and the FCPA does not

C. yes- the FCPA exempts facilitation payments

D. yes- the FCPA covers 'private bribes' and the Bribery Act does not

A. yes- all companies in the UK must follow this

B. no- corporate governance codes are not mandatory

C. no- but if it doesn't follow a Corporate Governance Code it must explain the reasons why not

D. yes- all companies trading on the stock exchange must do this

A. have the supplier quote in their own currency

B. have the supplier match geographical profiles of customer sales with supplier purchases

C. terminate the contract with the foreign supplier

D. have the supplier quote in Juan's currency

A. Leadership and Learning

B. Learning and Information

C. Appraisal and Communication

D. Investment and Accountability