2023 Realistic L5M2 Dumps Exam Tips Test Pdf Exam Material [Q38-Q56]

2023 Realistic L5M2 Dumps Exam Tips Test Pdf Exam Material

Powerful L5M2 PDF Dumps for L5M2 Questions

Supply chain risks are becoming increasingly complex and dynamic, making it challenging for businesses to manage them effectively. Managing Supply Chain Risk certification program equips candidates with the tools and techniques required to identify and manage supply chain risks proactively. It covers a range of topics, including risk identification, risk assessment, risk mitigation, and risk monitoring.

The CIPS L5M2 exam consists of a series of multiple-choice and short-answer questions that cover a wide range of topics related to managing supply chain risk. These topics include managing risk in sourcing and procurement, logistics and transportation, inventory management, and supplier relationship management. L5M2 exam also covers topics such as business continuity planning, risk assessment, and risk mitigation techniques.

 

NO.38 Which of the following will you put into box 6?

 
 
 
 

NO.39 Leo LLP is a company which sources materials internationally, and then sells these on nationally at a small margin. Leo LLP has noted that there is a risk of exchange rate fluctuations making their purchases unviable.
The CFO has declared that the only way to mitigate this risk is via hedging and that they should look at price fixing. is this correct?

 
 
 
 

NO.40 According to Kid Sadgrove, fraud can take place when four pre-conditions exist. Which of the following is not one of those pre-conditions?

 
 
 
 

NO.41 What is the purpose of the Sarbanes-Oxley Regulation?

 
 
 
 

NO.42 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

 
 
 
 

NO.43 Company X is a large manufacturer of cosmetics and household products. It operates in 57 different countries and has large and complex supply chains. The brand’s popularity is partly due to the cheap price of the products compared with its competitors and Company X has recently discovered that child labour has been used within its supply chain. In response to this Company X has donated a large amount of money to charity.
What is this an example of?

 
 
 
 

NO.44 Which of the following models would be used to explore internal and external risks to a business?

 
 
 
 

NO.45 Which of the following will you put into box 2?

 
 
 
 

NO.46 In an emergency situation, put the following phases into chronological order as to when they would be activated 1) disaster recover plan 2) incident response 3) business continuity plan

 
 
 
 

NO.47 Oliver is a procurement manager and he is trying to work out the likelihood that a supplier fails to deliver to the warehouse two days in a row. Which of the following methodologies should Oliver use?

 
 
 
 

NO.48 Which of the following will you put into box 6?

 
 
 
 

NO.49 Fraud committed by an employee within a business is what type of risk?

 
 
 
 

NO.50 A supplier of non-critical items has a low credit score, Which of the following actions should be taken? Select TWO options.

 
 
 
 

NO.51 Maple Tree Limited is a Canadian company who has recently signed a new contract with a supplier who is based in China. Maple Tree Limited will be buying a raw material with a reputation for severe price fluctuations. Which of the following would help mitigate the risk that this poses? Select TWO options

 
 
 
 

NO.52 Which of the following stages would come first within a risk assessment?

 
 
 
 

NO.53 Which of the following is a method for approaching risks?

 
 
 
 

NO.54 When would a company use the Stakeholder Salience Model?

 
 
 
 

NO.55 An interconnected supply chain would have what affect on the creation of a risk register?

 
 
 
 

NO.56 Which of the following is a component of the Sarbanes-Oxley Regulations?

 
 
 
 

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