Legit L5M2 Exam Download

Managing Supply Chain Risk Questions and Answers

Question 5

Which of the following statements about binomial distribution are true? Select THREE

Options:

there are only two outcomes

they are based on continuous events

there is only one outcome per event

each trial has the same probability

the events of one trial will impact on the next one

Question 6

The UK Companies (Miscellaneous Reporting) Regulations 2018 states that organisations with more than 250 employees must do what?

Options:

Publish an Anti-Slavery Policy

Provide an annual financial statement

Demonstrate how they abide by Environmental practices

Publish a summary of how directors have engaged with employees

Question 7

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

Options:

organisational governance

quality management

human rights

consumer issues

efficient systems

Question 8

Robot Ltd manufactures high end robots. A lot of value is tied up in the stock that it holds within its warehouse as each robot is worth several thousand pounds. The company has decided to enlist the services of a third party provider for disaster recovery, to help them shape a plan for if something were to happen to the stock, such as a flood. Is this the correct thing for Robot Ltd to do?

Options:

yes- a 3rd party can provide broader experience and expertise

yes- a third party is a cheap option for disaster recovery planning

no- Robot Ltd should create a cross-functional team to draw up the plan as internal stakeholders will understand the risks better than a 3rd party

no - a 3rd party can only help in the solution stage of disaster recovery, not the planning stage

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Managing Supply Chain Risk Questions and Answers

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