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CIPS Managing Supply Chain Risk Sample Questions (Q13-Q18):NEW QUESTION # 13
Which of the following are technological risks to an organisation? Select TWO
Answer: D,E
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 # 14
Which of the following models would be used to explore internal and external risks to a business?
Answer: B
Explanation:
Explanation
SWOT is used for this. S + W is strengths and weaknesses, which are internal risks. O+T are opportunities and threats which are external risks. See p. 12 for more information
NEW QUESTION # 15
Which of the following is a quantative method for completing a risk assessment and an alternative to using an impact scale?
Answer: A
Explanation:
Explanation
P. 133 of the study guide says 'it is also possible for organisation to use a quantative method where they quantify the loss in terms of monitory value instead of an impact figure'. Rating 1-5 is incorrect because this is the same as an impact scale. Impact analysis is wrong because this isn't quantative. 4Ts are the ways you can mitigate risks.
NEW QUESTION # 16
Which of the following statements is true about ISO9001? Select TWO.
Answer: A,B
Explanation:
Explanation
ISO 9001 is Quality Management- answers 1 and 2 are correct. ISOs are a popular topic on this exam so be sure to revise them - and not only what the names of them are, but also the principles behind each ISO. ISO
9001 is discussed on p. 25 of the CIPS study guide.
NEW QUESTION # 17
An interconnected supply chain would have what affect on the creation of a risk register?
Answer: D
Explanation:
Explanation
Actions to mitigate one risk, may create another risk. This is a direct quote from p. 132
NEW QUESTION # 18
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