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CIPS L5M2 Exam With Confidence Using Practice Dumps

Exam Code:
L5M2
Exam Name:
Managing Supply Chain Risk
Vendor:
Questions:
120
Last Updated:
Feb 9, 2025
Exam Status:
Stable
CIPS L5M2

L5M2: CIPS Level 5 Advanced Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Managing Supply Chain Risk Questions and Answers

Question 1

Fudgylicious Inc is a manufacturer of confectionary based in the United Kingdom. In one of its factories an employee has an accident during his shift which resulted in him breaking a leg and requiring surgery. Will the employer's Professional Indemnity insurance cover the cost of the operation?

Options:

A.

yes- the insurance will cover all medical expenses as the accident occurred during his working hours

B.

yes- the insurance can be used as the accident occurred on the company's premises

C.

no- the insurance would not cover the cost of surgery, only for lost wages if he is unable to work

D.

no- this is not the purpose of insurance

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Question 2

Which of the following are key areas of ISO 26000 Social Responsibility? Select THREE.

Options:

A.

organisational governance

B.

quality management

C.

human rights

D.

consumer issues

E.

efficient systems

Question 3

Which of the following risks would likely be tolerated by a company?

Options:

A.

no risks should be tolerated

B.

opportunities which are low risk and low impact

C.

opportunities which are low risk and high impact

D.

opportunities which are high risk and low impact