CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) - L5M7 Exam Questions

A. A retailer holds a January sale. B. A wholesaler offers a discount when a customer buys more than 100 units. C. A cleaning firm charges more when demand increases. D. A restaurant offers student discounts.

A. Focus B. Differentiation C. Cost Leadership D. Cost Certainty

A. Risk management B. Environment management C. Supply chain management D. Quality management

A. Financial Stability B. Safety C. Ethics D. Total Cycle Time E. Delivery Performance

A. No - it does not matter what the culture of the supply chain is B. Yes - understanding culture helps achieve collaboration between organisations C. No - culture is impossible to define and should not be a consideration D. Yes - culture determines whether you wish to work with a supplier or not

A. Lean B. Business Process Re-engineering C. Differentiation D. Cost Leadership

A. Partnership B. Transactional C. Outsourced D. Closer Tactical

A. Core B. Exploitative C. Nuisance D. Annoying

A. Cut costs B. Improve cultural competence C. Cheaper holidays D. Exploit other countries' resources