L6M9 by CIPS Actual Free Exam Q&As

Question 1

Of the following, which areexamples of disintermediation?Select ALL that apply.

A. A company relocates its call centre to another country to save on costs B. A business sells a property to a buyer without the use of an estate agent or broker C. A farm sells its products directly to the public D. A furniture manufacturer buys a forest to produce the wood which it will chop down to make the furniture E. A factory hires an external organisation to provide cleaning and security services

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Correct Answer: B,C Vote an answer

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Question 2

Liedtka (1998) describesfive attributesnecessary for aprocurement professionalto developstrategic thinking. What are these?

A. Intent focused B. Risk awareness C. Systems perspective D. Intelligent optimism E. Thinking in time F. Hypothesis driven

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Correct Answer: A,C,D,E,F Vote an answer

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Question 3

Asimple supply chainconsists of threecommercial roles. What are these?

A. Manufacturer B. Distributor C. Buyer D. Organisation E. Supplier

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Correct Answer: C,D,E Vote an answer

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Question 4

Scenario:
Blue Bear Ltd is amultifunctional manufacturing organisationwith aglobal supply chainand customers in over30 different countries. Each function within the company hasdifferent supplynetworksand relationships.
For eachfunction, select the correctValue Chain ActivityandSupply Network Typefrom the given options.

Discussion 0

Correct Answer:

Explanation:

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Question 5

Which of the following are Porter's strategies that can help an organisation create competitive advantage in the marketplace?Select ALL that apply

A. Ensure a large product range B. Become an organisation that is meaningfully different from competitors C. Be a low-cost provider D. Provide exceptional customer service E. Become a specialised provider

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Correct Answer: B,C,E Vote an answer

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Question 6

In a bottom-up process for planning and control, who would make the strategic plan?

A. Operational staff B. Stakeholders C. Middle managers D. Senior managers

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Correct Answer: A Vote an answer

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Question 7

Andrea is the Chief Financial Officer at Big Corporation and is completing aVariance Analysis. She has reviewed the production costs of creating item B, and this month's costs show avariance to budget of £-200.
What does this mean?

A. Less money was spent than expected B. More money was spent than expected C. The organisation has gained £200 D. The organisation has lost £200

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Correct Answer: A Vote an answer

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Question 8

LTL Ltd is a manufacturing organisation producing made-to-order equipment for the construction industry, such as bespoke windows and doors. The Head of Operations has received four large orders and is considering the sequencing of production. Which of the following should the company do?

A. Sequence the orders in the way that will be the cheapest to produce, creating the highest profit margin B. Create the orders in the most logical, economic, and fastest pattern. This may mean that the first order received is the last to be produced C. Use a First Come, First Serve system to prioritise the orders that were made first, ensuring customer satisfaction D. Start manufacturing the order that has the longest completion time first so all orders are ready at the same time

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Correct Answer: B Vote an answer

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Question 9

Ajewelry manufacturerhas recently acquired themining companythat supplies the precious metals used in its jewelry production.
What is this an example of?

A. Backward vertical integration B. Backward horizontal integration C. Forward vertical integration D. Forward horizontal integration

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Correct Answer: A Vote an answer

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CIPS Supply Network Design - L6M9 Exam Practice Test