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If you want to sharpen your skills, and get the L5M2 Managing Supply Chain Risk certification done within the target period, it is important to get the best L5M2 Managing Supply Chain Risk exam questions. You must try the ActualtestPDF L5M2 Managing Supply Chain Risk practice exam that will help you get the CIPS L5M2 Certification. ActualtestPDF hires the top industry experts to draft the L5M2 Managing Supply Chain Risk exam dumps and help the candidates to clear their L5M2 Managing Supply Chain Risk exam easily. ActualtestPDF plays a vital role in their journey to get the L5M2 certification.
The CIPS L5M2 Certification Exam covers a wide range of topics related to managing supply chain risk, including identifying and analyzing risks, developing risk mitigation strategies, implementing risk management processes, and monitoring and evaluating risk management performance. The exam also covers topics such as supply chain continuity planning, crisis management, and business continuity management, which are essential skills for any supply chain professional who wants to succeed in today's fast-paced and dynamic business environment.
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The Chartered Institute of Procurement and Supply (CIPS) L5M2 Managing Supply Chain Risk Certification Exam is designed to test the knowledge and skills of procurement and supply chain professionals on the topic of managing supply chain risks. This certification is aimed at individuals who are looking to develop their expertise in supply chain risk management and enhance their career prospects in this field.
The certification exam is based on the CIPS Global Standard for Procurement and Supply, which is a comprehensive framework that covers all aspects of procurement and supply chain management. The L5M2 certification exam specifically focuses on the area of supply chain risk management, including identifying, assessing, and mitigating risks in the supply chain.
NEW QUESTION # 73
Which of the following are key areas of ISO 26000 Social Responsibility? Select THREE.
Answer: A,D,E
Explanation:
Explanation
1 3 and 4 are the correct answers. There are 7 key areas that ISO 26000 focuses on. As well as these three, there is also labour practices, the environment, fair operating practices and community involvement. See p. 51 of the study guide. ISOs are a popular exam topic so do revise these before the exam.
NEW QUESTION # 74
In which of the following industries is it common to find dedicated resource for risk management?
Answer: D
Explanation:
Explanation
Banking and Insurance industries usually have a dedicated resource. This mean people working within the company are dedicated to this role (as opposed to using a third party).
P. 146
NEW QUESTION # 75
Which organisation created the Decent Work Agenda?
Answer: D
Explanation:
Explanation
This is from ILO- the International Labour Organisation - see p.49 of the textbook. You should recognise all four of these acronyms as they come up in this module UN= United Nations - they have the Guiding Principles, ISO = produce standards for business practices and ETI = Ethical Trading Initiative - they have a base code for labour practices.
NEW QUESTION # 76
A financial instrument used by airlines to fix the price of fuel over a period of time is known commonly as a what?
Answer: B
Explanation:
Explanation
This is a 'swap' and is explained on p.94. This is a type of 'hedging' but there is no such thing as 'a hedge'. For a more in-depth look at Swaps see:
https://www.mercatusenergy.com/blog/bid/77634/an-introduction-to-airline-fuel-hedging-strategies-swaps
NEW QUESTION # 77
Which of the following are technological risks to an organisation? Select TWO
Answer: B,D
Explanation:
Explanation
Cyber security and network failure are two types of security risks. See.
P. 154. There aren't a lot of questions on chapter 3.4 as it's a very short chapter and a lot of the material is repeated in earlier chapters. A brief look over this chapter is all you'll need before the exam.
NEW QUESTION # 78
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