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CIPS L5M2 Exam Overview:
| Certification Vendor: | CIPS |
|---|---|
| Exam Name: | Managing Supply Chain Risk |
| Exam Number: | L5M2 |
| Available Languages: | English |
| Exam Format: | Case study-based examination |
| Related Certifications: | CIPS Level 5 Advanced Diploma in Procurement and Supply |
| Recommended Training: | Pearson VUE exam guidance CIPS official learning and study resources |
| Exam Registration: | CIPS official certification page Pearson VUE exam registration |
| Sample Questions: |  |
| Exam Way: | Computer-based examination delivered via Pearson VUE test centres and/or remote proctoring where available |
| Pre Condition: | CIPS Level 4 Diploma in Procurement and Supply (or equivalent progression route) |
| Official Syllabus URL: | https://www.cips.org |
CIPS L5M2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk identification and assessment | - Risk analysis and evaluation methods - Risk identification techniques |
| Topic 2: Risk mitigation strategies | - Supplier diversification and resilience planning - Risk avoidance, transfer, and reduction strategies |
| Topic 3: Compliance and governance risks | - Ethical and sustainability risks - Legal and regulatory compliance in supply chains |
| Topic 4: Understanding supply chain risk | - Definition and nature of supply chain risk - Sources of risk in global supply chains |
| Topic 5: Supply chain continuity and resilience | - Business continuity planning - Crisis management and recovery |
Everything About the CIPS Managing Supply Chain Risk Package
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This package includes 117 practice questions for the CIPS Managing Supply Chain Risk exam. Every answer is verified by an experienced team of experts, so you can trust what you study.
The CIPS Managing Supply Chain Risk practice questions are organized around the official exam objectives. Key topics include:
- Understanding supply chain risk ()
- Risk mitigation strategies ()
- Supply chain continuity and resilience ()
Clear topic organization makes the material easy to navigate from day one.
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CIPS Level 4 Diploma in Procurement and Supply (or equivalent progression route)
You can confirm the current eligibility requirements on the official L5M2 exam page before you register.
CIPS Managing Supply Chain Risk Sample Questions:
The USA Foreign Corrupt Practices Act (FCPA) is further reaching than the UK's Bribery Act 2010. Is this statement true?
- A. No- the Bribery Act extends to third parties and the FCPA does not
- B. yes- the FCPA exempts facilitation payments
- C. No- the Bribery Act doesn't account for facilitation payments
- D. yes- the FCPA covers 'private bribes' and the Bribery Act does not
Correct Answer: A 🗳️
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Which of the following models would be used to explore internal and external risks to a business?
- A. Poisson Distribution
- B. Porter's 5 Forces
- C. STEEPLE
- D. SWOT
Correct Answer: D 🗳️
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Which of the following will you put into box 2?
- A. environment
- B. intellectual property
- C. strategic
- D. operational
Correct Answer: A 🗳️
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Which of the following is an internal risk for a company?
- A. government policy changes
- B. exchange rate fluctuations
- C. supplier's factory burns down
- D. lack of available personnel
Correct Answer: D 🗳️
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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?
- A. greenwashing
- B. triple bottom line thinking
- C. business continuity planning
- D. corporate social responsibility
Correct Answer: A 🗳️
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