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Download Managing Supply Chain Risk Exam Dumps
NEW QUESTION 32
What is the final stage of Deming's Plan - Do - Check cycle which is encouraged by ISO9001?
Answer: A
Explanation:
Explanation
Act is the final stage. See p.25 for a diagram of the cycle.
NEW QUESTION 33
Company X is a large manufacturer of cosmetics and household products. It operates in 57 different countries and has large and complex supply chains. The brand's popularity is partly due to the cheap price of the products compared with its competitors and Company X has recently discovered that child labour has been used within its supply chain. In response to this Company X has donated a large amount of money to charity.
What is this an example of?
Answer: B
Explanation:
Explanation
This is Greenwashing. Greenwashing is the process of using a good deed to cover up unethical responsibility.
See p. 45. In this example Company X has thrown some money at a charity in order to cover up the fact it has child labour issues within the supply chain. See https://en.wikipedia.org/wiki/Greenwashing
NEW QUESTION 34
A supplier of non-critical items has a low credit score, Which of the following actions should be taken? Select TWO options.
Answer: B,D
Explanation:
Explanation
The correct answers are conduct benchmarking and create a risk assessment. This supplier provides low value and low risk products - therefore the fact they have a bad credit rating isn't too much of a risk to your company. It's worth doing a benchmarking exercise to compare their position to others in the market to see if there are any industry-wide trends, and to create a risk assessment and mitigation plan. This could involve working with the supplier to help them improve their credit score, for example by using more favourable payment terms so they have a better cash flow. There's no need to replace them immediately, and there's no need to tell the CEO- they probably have more important things to think about than a singular supplier of non-critical items See p.81
NEW QUESTION 35
Which of these is a type of Intellectual Property protection? Select TWO
Answer: A,B
Explanation:
Explanation
Patent and Trademark are types of IP protection. There are 4 in total - the other two are copywrite and trade secret. This is covered on p.63-64 of the study guide
NEW QUESTION 36
Which of the following are technological risks to an organisation? Select TWO
Answer: C,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 37
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