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Prepare for the CIPS Managing Supply Chain Risk exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.
QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIPS L5M2 exam and achieve success.
The questions for L5M2 were last updated on Mar 31, 2025.
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The triple bottom line is a way to refer to sustainability practices. Which of the following is included within the Triple Bottom Line? 1. People, 2. Profit, 3. Price, 4. Planet 5. Power.
Triple Bottom Line - people, profit and planet - options 1, 2 and 4. See p.45 for more details on sustainability
Standard Deviation is the measure of the variation between the values in a range of dat
a. From which of the following could you calculate Standard Deviation?
This is calculated from normal distribution. In normal distribution most of the values are concentrated around the middle of the data set- standard deviation identifies how far a data point is from this average. See p.128 for more information
Which of the following stages would come first within a risk assessment?
analyse is the correct answer. The full process is: establish context- identify- analyse - evaluate - treat - monitor and review. This is from p.122
Which of the following will you put into box 5?
The correct answers are as follows:
Standardised payment terms would help with cashflow. For example every client must pay within 30 days.
Who takes ownership for a Business Continuity Plan?
A Business Continuity Plan is held at the top level. See p. 155
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