CIPS Managing Supply Chain Risk - L5M2 FREE EXAM DUMPS QUESTIONS & ANSWERS

A. it encourages businesses to see quality from the viewpoint of the customer B. It complements ISO 20400 C. it aims to ensure sustainability within the supply chain D. it helps businesses to identify areas of potential risk and mitigate these accordingly E. it is based on the principle of continuous improvement

A. treat B. terminate C. transfer D. tolerate

A. risk management is the process by which all risks are either treated or transferred B. risk management is a continuous process C. the goal of risk management is to reduce risks to 0 D. risk management can help companies ensure the smooth and successful running of purchase and supply operations E. risk management is an activity that is conducted by a business once a year

A. they will receive a financial pay-out B. they will receive operational help from a third party C. they will be able to breach any contracts that it has D. they will be able to claim on insurance

A. financial B. operational C. strategic
(Correct) D. hazard

A. the department head B. the top level of an organisation C. the individuals who identify the risks D. the risk champion of the company

A. audit B. monitor C. dual sourcing D. insurance

A. procurement fraud B. changes to import levies C. loss of customer data D. technology malfunction