CIPS L5M7 Certification Materials, L5M7 Exam Dumps Free
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CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) Sample Questions (Q34-Q39):
NEW QUESTION # 34
Which of the following describes anAdhocracyorganisational structure? Select TWO.
- A. Low levels of centralisation
- B. Highly formalised structure
- C. Has a vertical structure where managers maintain control
- D. Highly documented routine processes
- E. Can respond quickly to change
Answer: A,E
Explanation:
Anadhocracyisflexible,decentralised, and able torespond rapidlyto change, though it may lack formal control systems.
Short cited term: "low formalisation, high adaptability" (L5M7 Study Guide, p. 64).
Reference:CIPS L5M7 Study Guide, p. 64.
NEW QUESTION # 35
Which of the following can have adetrimental effecton supply-chain relationships?Select TWO.
- A. Mistrust
- B. Lack of feedback
- C. Market segment
- D. Low spend
Answer: A,B
Explanation:
Relationship effectiveness is damaged bymistrustand poorfeedback/communication. Spend level alone is not inherently harmful if expectations are aligned. Short cited terms: "trust," "communication/feedback" (L5M7 Study Guide, p.93).
Reference:CIPS L5M7 Study Guide, p.93.
NEW QUESTION # 36
According to theKraljic Matrix, suppliers are classified based on which TWO factors?
- A. Level of co-operation
- B. Risk impact
- C. Position in the supply chain
- D. Cost impact
Answer: B,D
Explanation:
TheKraljic Matrixplotssupply riskagainstprofit (cost) impactto determine supplier strategy (leverage, bottleneck, routine, strategic).
Short cited extract: "Matrix axes - profit impact vs supply risk." (L5M7 Study Guide, p. 83) Reference:CIPS L5M7 Study Guide, p. 83.
NEW QUESTION # 37
To analyse thevalue of inventory held, which data points must be collected? Select TWO.
- A. Expiry date
- B. Number of items held in storage
- C. Number of items sold
- D. Purchase price
Answer: B,D
Explanation:
Inventory valuation requires data onquantity in stockandunit purchase cost. These determine the total inventory value at any given time.
Short cited extract: "Inventory value = number of items × purchase cost." (L5M7 Study Guide, p.147) Reference:CIPS L5M7 Study Guide, p.147.
NEW QUESTION # 38
Farmer Joe sells wheat and barley. He charges more when demand is high and less when demand falls. What pricing strategy does he follow?
- A. Flexible Pricing
- B. Competitive Pricing
- C. Dynamic Pricing
- D. Variable Pricing
Answer: C
Explanation:
Dynamic Pricingadjusts prices in real time to reflectmarket demand and supply conditions, commonly used in commodities.
Short cited term: "dynamic pricing - prices adjust to demand fluctuation." (L5M7 Study Guide, p. 189) Reference:CIPS L5M7 Study Guide, p. 189.
NEW QUESTION # 39
......
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