CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) - L5M7 Exam Practice Test
Mark, a logistics procurement manager, describes his chain astightly coupled. What does this mean?
Correct Answer: B
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Which of the following areadvantages of using local sourcing? Select TWO.
Correct Answer: B,D
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Which of the following is an example ofexceedingcustomers' expectations? Select TWO.
Correct Answer: A,B
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What doesISO 9001refer to?
Correct Answer: A
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Which type of relationship seeksgreater commitment and preferential treatmentthrough exclusivity?
Correct Answer: D
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Which of the following is an example ofVariable Pricing?
Correct Answer: A
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Tom, a Procurement Manager, is initiating aSupplier Rationalisationproject. What should he completefirstto direct the project?
Correct Answer: B
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According to theSupply of Goods and Services Act (1982), which of the following isnota legal description of quality?
Correct Answer: C
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Which of the following is an example of aclosed-loopsupply chain?
Correct Answer: A
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