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CIPS certification L6M10 exam training methods
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CIPS L6M10 Exam Syllabus Topics:
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CIPS Global Logistics Strategy Sample Questions (Q125-Q130):
NEW QUESTION # 125
Which international convention is known as the Vienna Convention and covers the contract of sale between an exporter and an importer?
- A. International Chamber of Commerce rules and terms of trade
- B. United Nations Conventions on Contracts for the International Sale of Goods (CISG)
- C. Warsaw Convention
- D. Economic Commission of West African States (ECOWAS)
Answer: B
Explanation:
The Vienna Convention refers to the United Nations Convention on Contracts for the International Sale of Goods (CISG), which governs international sales contracts. [P-118]
NEW QUESTION # 126
What is the main focus of "green supply chain management"?
- A. Maximizing product life cycles through remanufacturing.
- B. Minimizing waste disposal costs.
- C. Monitoring and improving environmental performance.
- D. Increasing profits through efficiency.
Answer: C
Explanation:
Green SCM prioritizes environmental performance across the supply chain. [P-145]
NEW QUESTION # 127
Which of the following factors may influence plant performance within the supply chain network? (Select all that apply)
- A. Employee attitudes and mentality
- B. Plant structure and infrastructure
- C. Geographic location
- D. Trade-offs between different performance metrics
- E. Standardization of operations
Answer: A,B,C,D
Explanation:
Geographic location: Can influence plant performance based on its proximity to raw material sources or distribution centers.
Plant structure and infrastructure: Differences in structure and infrastructure can impact productivity.
Employee attitudes and mentality: Cultural variations and employee behavior can significantly affect plant performance.
Trade-offs between different performance metrics: Organizations may have to balance cost efficiency with responsiveness, impacting performance. [P 46-47]
NEW QUESTION # 128
The quarterly Global Supply Chain Risk Report measures strategic logistical risks across industry sectors using four key risk metrics. Which metric examines the impact of the exchange rate when transactions occur between the buying organization and supply partners who use different currencies?
- A. Global sourcing risk
- B. Supplier financial risk
- C. Foreign exchange risk
- D. Supplier criticality
Answer: C
Explanation:
Foreign exchange risk measures the impact of currency fluctuations when conducting transactions in different currencies, affecting supply chain costs. [P-63]
NEW QUESTION # 129
Mark is leading the implementation of a reverse logistics strategy in his organization. He's noticed that the company is only focusing on implementing it due to legal requirements rather than recognizing its business value. What is driving the implementation of reverse logistics in Mark's organization?
- A. Mandatory government legislation rather than identified business value
- B. Identification of significant business value
- C. Pressure from customers to adopt reverse logistics
- D. Top management's strong support
Answer: A
Explanation:
The scenario highlights that the implementation of reverse logistics may be driven by mandatory government legislation rather than a recognized business value in the organization. [P-182]
NEW QUESTION # 130
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