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CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) - L5M7 Free Exam Questions

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Total 90 questions
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QUESTION NO: 1
In a typical supply chain, in which direction doesvalue-addtravel?

Correct Answer: D Vote an answer
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QUESTION NO: 2
A company which usesClient Experience Strategyas part of its marketing tactic would provide which of the following?
Select TWO.

Correct Answer: B,C Vote an answer
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QUESTION NO: 3
Which type of relationship seeksgreater commitment and preferential treatmentthrough exclusivity?

Correct Answer: D Vote an answer
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QUESTION NO: 4
Kerry is a new department manager at XYZ Ltd. The company has several manufacturing divisions that serve different market segments. She is considering introducingTotal Quality Management (TQM)only in her division. Is this a good idea?

Correct Answer: B Vote an answer
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QUESTION NO: 5
A pricing approach in which avalue pointis decided upon and maintained for aprescribed periodis known as what?

Correct Answer: A Vote an answer
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QUESTION NO: 6
The80/20 ruleis also commonly referred to as what?

Correct Answer: B Vote an answer
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QUESTION NO: 7
Which of the following is adisadvantageofJust-In-Time (JIT) Manufacturing?

Correct Answer: C Vote an answer
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QUESTION NO: 8
Total Quality Management (TQM)is a long-term strategy. Is this TRUE?

Correct Answer: B Vote an answer
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QUESTION NO: 9
Which of the following departments within an organisation form part of theValue Chain?
Select THREE.

Correct Answer: A,B,C Vote an answer
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Total 90 questions

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