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CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) Sample Questions (Q76-Q81):

NEW QUESTION # 76
Which of the following isNOTan objective ofTotal Quality Management (TQM)?

A. Zero-defects
B. Employee empowerment
C. Financial planning
D. Meeting customer expectations

Answer: C

Explanation:
TQM objectives focus oncustomer satisfaction, zero defects, and employee engagement, not financial planning.
Short cited extract: "TQM aims: customer focus, zero defects, continuous improvement - not financial planning." (L5M7 Study Guide, p. 112) Reference:CIPS L5M7 Study Guide, p. 112.

NEW QUESTION # 77
The5S Methodologyis an organisational system to ensure workplace cleanliness and efficiency. Under which principle does it fall?

A. Lean
B. Total Quality Management
C. Agile Working
D. Quality Assurance

Answer: A

Explanation:
The5S Methodology-Sort, Set in order, Shine, Standardise, Sustain-originates from Lean philosophy to promote efficiency and discipline in operations.
Short cited extract: "5S - a Lean technique for organisation and cleanliness in the workplace." (L5M7 Study Guide, p.166) Reference:CIPS L5M7 Study Guide, p.166.

NEW QUESTION # 78
According to theKraljic Matrix, suppliers are classified based on which TWO factors?

A. Cost impact
B. Risk impact
C. Position in the supply chain
D. Level of co-operation

Answer: A,B

Explanation:
TheKraljic Matrixplotssupply riskagainstprofit (cost) impactto determine supplier strategy (leverage, bottleneck, routine, strategic).
Short cited extract: "Matrix axes - profit impact vs supply risk." (L5M7 Study Guide, p. 83) Reference:CIPS L5M7 Study Guide, p. 83.

NEW QUESTION # 79
Which of the following tactics helps organisations in the middle of a supply chain protect themselves from the Bullwhip Effect?

A. Have buffer stock
B. Conduct due diligence on lower-tier suppliers
C. Employ a younger workforce
D. Trade in a strong currency

Answer: A

Explanation:
TheBullwhip Effectdescribes amplified demand fluctuations up the supply chain;buffer stockmitigates shortages caused by sudden demand changes.
Short cited term: "buffer stock helps counter demand fluctuation" (L5M7 Study Guide, p. 4).
Reference:CIPS L5M7 Study Guide, p. 4.

NEW QUESTION # 80
Which of the following relationship styles has theleast amount of trust?

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

Answer: C

Explanation:
Therelationship spectrumshows thattransactional relationshipsare theleast trust-based, focusing on short- term exchanges with minimal collaboration.
Short cited extract: "Transactional - low trust, short-term, low collaboration." (L5M7 Study Guide, p.80) Reference:CIPS L5M7 Study Guide, p.80.

NEW QUESTION # 81
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High Hit Rate New Soft L5M7 Simulations, Exam L5M7 Answers

Practice CIPS L5M7 Exam Questions in Your Preferred Format with Lead2Passed

CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) Sample Questions (Q76-Q81):

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