CIPS L5M2 Actual Free Exam Questions & Community Discussion
Khalid is a procurement manager who works at a manufacturing organisation based in the UK. The organisation creates building fabric materials by converting raw materials such as steal into useable items in the construction industry. Khalid sources most of his steal internationally due to competitive prices. On one occasion with his usual supplier, the ship that is carrying the materials sinks due to an unexpected storm.
Which clause would be activated within the contract?
Which clause would be activated within the contract?
Correct Answer: B
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Which of the following are technological risks to an organisation? Select TWO
Correct Answer: A,C
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Which of the following insurances would provide cover in the eventuality that your supplier's place of business flooded and this affected your deliveries?
Correct Answer: B
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An indemnity clause should contain which of the following pieces of information 1) duties of both parties 2) a monetary limit 3) insurance levels 4) details of the breach 5) a time limit
Correct Answer: A
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Which of the following will you put into box 1?
Correct Answer: D
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Juan is a Spanish business owner who imports several parts from Japan. Juan's business operates in Euros and the parts that he buys from Japan can often take a long time to arrive, this means that the price of the items sometimes fluctuates due to the exchange rate. Which of the following would be the best option for Juan?
Correct Answer: D
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Who takes ownership for a Business Continuity Plan?
Correct Answer: D
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When would a company use the Stakeholder Salience Model?
Correct Answer: B
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Which of the following will you put into box 6?
Correct Answer: D
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Which of the following will you put into box 2?
Correct Answer: A
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