Achieve Your Goals with Real CIPS L5M7 Exam Questions

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CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) Sample Questions (Q60-Q65):

NEW QUESTION # 60
A strategy in which an organisation concentrates its resources on anarrow market or industry segmentis which ofPorter's Generic Strategies?

Answer: B

Explanation:
Porter'sFocus Strategyinvolvestargeting a niche marketto meet unique needs better than competitors.
Short cited term: "focus - targeting a narrow market segment" (L5M7 Study Guide, p. 52).
Reference:CIPS L5M7 Study Guide, p. 52.


NEW QUESTION # 61
Tom, a Procurement Manager, is initiating aSupplier Rationalisationproject. What should he completefirstto direct the project?

Answer: B

Explanation:
ASpend Analysisidentifies where money is spent and with which suppliers-vital to determine consolidation opportunities before rationalising the base.
Short cited term: "spend analysis precedes supplier rationalisation." (L5M7 Study Guide, p. 203) Reference:CIPS L5M7 Study Guide, p. 203.


NEW QUESTION # 62
Normal distributionforms what shape on a graph?

Answer: A

Explanation:
ANormal Distributionforms asymmetrical bell-shaped curve, representing probability distribution around a mean.
Short cited term: "normal distribution = bell-shaped curve." (L5M7 Study Guide, p. 150) Reference:CIPS L5M7 Study Guide, p. 150.


NEW QUESTION # 63
Guppy Fish Ltd manufactures machinery. A rival is releasing automated technology that could replace manual operation. What type of threat does this pose?

Answer: B

Explanation:
According toPorter's Five Forces, new automated competitors represent athreat of new entrants, introducing innovation and market pressure.
Short cited extract: "New entrants increase competition and threaten existing players." (L5M7 Study Guide, p.
56)
Reference:CIPS L5M7 Study Guide, p.56.


NEW QUESTION # 64
ABC produces electronics in a highly competitive, fast-changing market. Which supply chain strategy should ABC employ?

Answer: D

Explanation:
AnAgilesupply chain prioritisesflexibility and responsivenessto customer and market changes-ideal for dynamic industries like electronics.
Short cited extract: "Agility = rapid response to changing demand." (L5M7 Study Guide, p.155) Reference:CIPS L5M7 Study Guide, p.155.


NEW QUESTION # 65
......

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