L5M7 Practice Online

Question 1

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

A :

where supply chain knowledge is low, there is a high collaboration with supply partners

B : where supply chain knowledge is low, members tend to operate independently of other members

C : where there is a high readiness to use technology, the use of IT in the supply chain is deliberate and structured

D : where there is a low level of technology utilisation in the supply chain, there are consistent systems and policies for the use of technology

Answer: B,C

Question 2

Six-Sigma is only suitable to the manufacturing industry. Is this correct?

A :

yes- this reduces defects in the supply chain

B : yes- it is an excellent way of reducing costs

C : no- six sigma can be used across all industries and enables bottom-line savings

D : no- six sigma is not suitable for the manufacturing industry

Answer: C

Question 3

2021-12-07-20-47-31-e2d86f27b567b81e2029955b255da44e

Which of the following will you put into box 2?

A : Strategic

B : Bottleneck

C :

Tactical

D : High Risk

Answer: B

Question 4

ABC produces electronics and operates in a highly competitive industry in which new products are launched frequently. ABC has to be on top of new fashions and trends and be able to produce new, innovative forms of electronics in order to survive in the marketplace. Which of the following supply chain strategies should ABC employ?

A : Lean

B : Just in Time

C : Responsive

D : Agile

Answer: D

Question 5

2021-12-12-20-13-11-fe34ae48204fe846edb8a33191316a58

Which of the following will you put into box 3?

A : Process

B : Information

C : Performance

D : Strategy

Answer: D

Name:	ELECTIVE Achieving Competitive Advantage Through the Supply Chain
Exam Code:	L5M7
Certification:	Level 5 Advanced Diploma in Procurement and Supply
Vendor:	CIPS
Total Questions:	122
Last Updated:	May 14, 2024

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