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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:
Oct 20, 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

Which of the following is not a benefit of having a contingency plan?

Options:

A.

competitive advantage

B.

increased staff morale

C.

greater resilience to force majeure events

D.

increased profits

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Question 2

Who takes ownership for a Business Continuity Plan?

Options:

A.

the top level of an organisation

B.

the department head

C.

the risk champion of the company

D.

the individuals who identify the risks

Question 3

Portobello is an Italian manufacturing company that produces canned tomato sauces. It imports a lot of its tomatoes from Latin America as there isn't the capacity to grow that many tomatoes in Italy. One of the major risks posing Portobello is that the tomatoes must be transported via cargo ship, and there is a risk that the ship may sink, or be delayed by bad weather. Portobello has taken out insurance to cover the cost of the tomatoes should this happen. What technique has Portobello used?

Options:

A.

tolerate

B.

treat

C.

transfer

D.

terminate