{"id":113410,"date":"2025-11-07T03:32:06","date_gmt":"2025-11-07T03:32:06","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=113410"},"modified":"2025-11-07T03:32:06","modified_gmt":"2025-11-07T03:32:06","slug":"l5m7-exam-dumps-v8-02-from-dumpsbase-the-reliable-study-guide-to-help-you-pass-the-cips-achieving-competitive-advantage-through-the-supply-chain-exam","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/l5m7-exam-dumps-v8-02-from-dumpsbase-the-reliable-study-guide-to-help-you-pass-the-cips-achieving-competitive-advantage-through-the-supply-chain-exam.html","title":{"rendered":"L5M7 Exam Dumps (V8.02) from DumpsBase: The Reliable Study Guide to Help You Pass the CIPS Achieving Competitive Advantage Through the Supply Chain Exam"},"content":{"rendered":"<p>As an elective module for the <a href=\"https:\/\/www.dumpsbase.com\/news\/Complete_Your_CIPS_Level_5_Advanced_Diploma_in_Procurement_and_Supply_Qualification_with_DumpsBase_Grow_in_Confidence.html\"><em><strong>CIPS Level 5 Advanced Diploma in Procurement and Supply qualification<\/strong><\/em><\/a>, the Achieving Competitive Advantage Through the Supply Chain (L5M7) is designed for such managers responsible for formulating plans and approaches to achieve competitive advantage for their organisations through the supply chain. If you are one of them and planning to take the L5M7 exam, you can come to DumpsBase and download the L5M7 exam dumps (V8.02). We design the latest dumps with 88 practice questions and answers, offering a complete learning solution to help you earn your certification with confidence. All these questions and answers are expertly curated, aligned with the exam objectives. Learning with them, you will strengthen their understanding of key topics and improve performance. Trust, we ensure that you will get the real dumps to pass the CIPS L5M7 exam on the first attempt and advance your professional career successfully.<\/p>\n<h2><span style=\"background-color: #ffcc00;\"><em>CIPS Level 5 L5M7 free dumps<\/em><\/span> are available to help you check the sample questions of V8.02:<\/h2>\n<script>\n\t  window.fbAsyncInit = function() {\n\t    FB.init({\n\t      appId            : '622169541470367',\n\t      autoLogAppEvents : true,\n\t      xfbml            : true,\n\t      version          : 'v3.1'\n\t    });\n\t  };\n\t\n\t  (function(d, s, id){\n\t     var js, fjs = d.getElementsByTagName(s)[0];\n\t     if (d.getElementById(id)) {return;}\n\t     js = d.createElement(s); js.id = id;\n\t     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n\t     fjs.parentNode.insertBefore(js, fjs);\n\t   }(document, 'script', 'facebook-jssdk'));\n\t<\/script><script type=\"text\/javascript\" >\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \nif(!window.jQuery) alert(\"The important jQuery library is not properly loaded in your site. Your WordPress theme is probably missing the essential wp_head() call. You can switch to another theme and you will see that the plugin works fine and this notice disappears. If you are still not sure what to do you can contact us for help.\");\n});\n<\/script>  \n  \n<div  id=\"watupro_quiz\" class=\"quiz-area single-page-quiz\">\n<p id=\"submittingExam11073\" style=\"display:none;text-align:center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\"><\/p>\n\n<div class=\"watupro-exam-description\" id=\"description-quiz-11073\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-11073\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-435932'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>Which of the following statements about supply chain knowledge is correct? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_1' value='435932' \/><input type='hidden' id='answerType435932' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435932[]' id='answer-id-1686898' class='answer   answerof-435932 ' value='1686898'   \/><label for='answer-id-1686898' id='answer-label-1686898' class=' answer'><span>Where supply chain knowledge is low, there is high collaboration with partners.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435932[]' id='answer-id-1686899' class='answer   answerof-435932 ' value='1686899'   \/><label for='answer-id-1686899' id='answer-label-1686899' class=' answer'><span>Where supply chain knowledge is low, members tend to operate independently of others.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435932[]' id='answer-id-1686900' class='answer   answerof-435932 ' value='1686900'   \/><label for='answer-id-1686900' id='answer-label-1686900' class=' answer'><span>Where there is high readiness to use technology, IT use is deliberate and structured.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435932[]' id='answer-id-1686901' class='answer   answerof-435932 ' value='1686901'   \/><label for='answer-id-1686901' id='answer-label-1686901' class=' answer'><span>Where technology utilisation is low, systems and policies are consistent.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-2' style=';'><div id='questionWrap-2'  class='   watupro-question-id-435933'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>Which of the following relationship styles is the least collaborative?<\/div><input type='hidden' name='question_id[]' id='qID_2' value='435933' \/><input type='hidden' id='answerType435933' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435933[]' id='answer-id-1686902' class='answer   answerof-435933 ' value='1686902'   \/><label for='answer-id-1686902' id='answer-label-1686902' class=' answer'><span>Strategic alliance<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435933[]' id='answer-id-1686903' class='answer   answerof-435933 ' value='1686903'   \/><label for='answer-id-1686903' id='answer-label-1686903' class=' answer'><span>Arm\u2019s-length<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435933[]' id='answer-id-1686904' class='answer   answerof-435933 ' value='1686904'   \/><label for='answer-id-1686904' id='answer-label-1686904' class=' answer'><span>Transactional<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435933[]' id='answer-id-1686905' class='answer   answerof-435933 ' value='1686905'   \/><label for='answer-id-1686905' id='answer-label-1686905' class=' answer'><span>Outsourced<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-3' style=';'><div id='questionWrap-3'  class='   watupro-question-id-435934'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>In what way has the increase in the use of technology affected buyerCsupplier relationships?<\/div><input type='hidden' name='question_id[]' id='qID_3' value='435934' \/><input type='hidden' id='answerType435934' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435934[]' id='answer-id-1686906' class='answer   answerof-435934 ' value='1686906'   \/><label for='answer-id-1686906' id='answer-label-1686906' class=' answer'><span>It has reduced the bargaining power of suppliers as buyers now have access to a wider pool of suppliers and product information.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435934[]' id='answer-id-1686907' class='answer   answerof-435934 ' value='1686907'   \/><label for='answer-id-1686907' id='answer-label-1686907' class=' answer'><span>It has increased the bargaining power of suppliers as they can provide faster quotations.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435934[]' id='answer-id-1686908' class='answer   answerof-435934 ' value='1686908'   \/><label for='answer-id-1686908' id='answer-label-1686908' class=' answer'><span>It has reduced the bargaining power of buyers because there are fewer suppliers.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435934[]' id='answer-id-1686909' class='answer   answerof-435934 ' value='1686909'   \/><label for='answer-id-1686909' id='answer-label-1686909' class=' answer'><span>It has increased the bargaining power of buyers because technology has increased operational costs.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-4' style=';'><div id='questionWrap-4'  class='   watupro-question-id-435935'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>Which of the following describes an Adhocracy organisational structure? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_4' value='435935' \/><input type='hidden' id='answerType435935' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435935[]' id='answer-id-1686910' class='answer   answerof-435935 ' value='1686910'   \/><label for='answer-id-1686910' id='answer-label-1686910' class=' answer'><span>Has a vertical structure where managers maintain control<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435935[]' id='answer-id-1686911' class='answer   answerof-435935 ' value='1686911'   \/><label for='answer-id-1686911' id='answer-label-1686911' class=' answer'><span>Highly formalised structure<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435935[]' id='answer-id-1686912' class='answer   answerof-435935 ' value='1686912'   \/><label for='answer-id-1686912' id='answer-label-1686912' class=' answer'><span>Can respond quickly to change<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435935[]' id='answer-id-1686913' class='answer   answerof-435935 ' value='1686913'   \/><label for='answer-id-1686913' id='answer-label-1686913' class=' answer'><span>Low levels of centralisation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435935[]' id='answer-id-1686914' class='answer   answerof-435935 ' value='1686914'   \/><label for='answer-id-1686914' id='answer-label-1686914' class=' answer'><span>Highly documented routine processes<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-5' style=';'><div id='questionWrap-5'  class='   watupro-question-id-435936'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>In a typical Supply Chain Quality Framework (SCQF), which of the following characteristics is likely to feature? <br \/>\r<br>Select THREE.<\/div><input type='hidden' name='question_id[]' id='qID_5' value='435936' \/><input type='hidden' id='answerType435936' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435936[]' id='answer-id-1686915' class='answer   answerof-435936 ' value='1686915'   \/><label for='answer-id-1686915' id='answer-label-1686915' class=' answer'><span>Sustainability<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435936[]' id='answer-id-1686916' class='answer   answerof-435936 ' value='1686916'   \/><label for='answer-id-1686916' id='answer-label-1686916' class=' answer'><span>Information<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435936[]' id='answer-id-1686917' class='answer   answerof-435936 ' value='1686917'   \/><label for='answer-id-1686917' id='answer-label-1686917' class=' answer'><span>Continuous Improvement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435936[]' id='answer-id-1686918' class='answer   answerof-435936 ' value='1686918'   \/><label for='answer-id-1686918' id='answer-label-1686918' class=' answer'><span>Procurement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435936[]' id='answer-id-1686919' class='answer   answerof-435936 ' value='1686919'   \/><label for='answer-id-1686919' id='answer-label-1686919' class=' answer'><span>Marketing<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-6' style=';'><div id='questionWrap-6'  class='   watupro-question-id-435937'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>Jerry works in product development at a clothing manufacturer. The company is discussing ways of adding value for customers. Jerry suggests reducing prices could be a form of added value. <br \/>\r<br>Is he correct?<\/div><input type='hidden' name='question_id[]' id='qID_6' value='435937' \/><input type='hidden' id='answerType435937' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435937[]' id='answer-id-1686920' class='answer   answerof-435937 ' value='1686920'   \/><label for='answer-id-1686920' id='answer-label-1686920' class=' answer'><span>Yes C this is a form of added value but requires the ability of the supply chain to reduce costs.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435937[]' id='answer-id-1686921' class='answer   answerof-435937 ' value='1686921'   \/><label for='answer-id-1686921' id='answer-label-1686921' class=' answer'><span>Yes C this will increase the company\u2019s profit margin.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435937[]' id='answer-id-1686922' class='answer   answerof-435937 ' value='1686922'   \/><label for='answer-id-1686922' id='answer-label-1686922' class=' answer'><span>No C added value is only a form of innovation.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435937[]' id='answer-id-1686923' class='answer   answerof-435937 ' value='1686923'   \/><label for='answer-id-1686923' id='answer-label-1686923' class=' answer'><span>No C as the customer is not offered anything additional to their purchase.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-7' style=';'><div id='questionWrap-7'  class='   watupro-question-id-435938'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>Long runs, stable product design, and inventory buffers are objectives of which business function?<\/div><input type='hidden' name='question_id[]' id='qID_7' value='435938' \/><input type='hidden' id='answerType435938' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435938[]' id='answer-id-1686924' class='answer   answerof-435938 ' value='1686924'   \/><label for='answer-id-1686924' id='answer-label-1686924' class=' answer'><span>Sourcing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435938[]' id='answer-id-1686925' class='answer   answerof-435938 ' value='1686925'   \/><label for='answer-id-1686925' id='answer-label-1686925' class=' answer'><span>Manufacturing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435938[]' id='answer-id-1686926' class='answer   answerof-435938 ' value='1686926'   \/><label for='answer-id-1686926' id='answer-label-1686926' class=' answer'><span>Logistics<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435938[]' id='answer-id-1686927' class='answer   answerof-435938 ' value='1686927'   \/><label for='answer-id-1686927' id='answer-label-1686927' class=' answer'><span>Sales<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-8' style=';'><div id='questionWrap-8'  class='   watupro-question-id-435939'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>Why would a company use a Process Mapping Technique? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_8' value='435939' \/><input type='hidden' id='answerType435939' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435939[]' id='answer-id-1686928' class='answer   answerof-435939 ' value='1686928'   \/><label for='answer-id-1686928' id='answer-label-1686928' class=' answer'><span>To increase market share<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435939[]' id='answer-id-1686929' class='answer   answerof-435939 ' value='1686929'   \/><label for='answer-id-1686929' id='answer-label-1686929' class=' answer'><span>To assist with budgeting<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435939[]' id='answer-id-1686930' class='answer   answerof-435939 ' value='1686930'   \/><label for='answer-id-1686930' id='answer-label-1686930' class=' answer'><span>To identify where waste and inefficiency exist<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435939[]' id='answer-id-1686931' class='answer   answerof-435939 ' value='1686931'   \/><label for='answer-id-1686931' id='answer-label-1686931' class=' answer'><span>To establish what is currently happening and why<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-435940'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>An organisation can leverage effective Supply Chain Management to deliver Competitive Advantage. <br \/>\r<br>What is meant by Competitive Advantage?<\/div><input type='hidden' name='question_id[]' id='qID_9' value='435940' \/><input type='hidden' id='answerType435940' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435940[]' id='answer-id-1686932' class='answer   answerof-435940 ' value='1686932'   \/><label for='answer-id-1686932' id='answer-label-1686932' class=' answer'><span>Outperforming competitors financially<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435940[]' id='answer-id-1686933' class='answer   answerof-435940 ' value='1686933'   \/><label for='answer-id-1686933' id='answer-label-1686933' class=' answer'><span>Becoming the leader in the marketplace through working closely with the supply chain<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435940[]' id='answer-id-1686934' class='answer   answerof-435940 ' value='1686934'   \/><label for='answer-id-1686934' id='answer-label-1686934' class=' answer'><span>A benefit that an organisation can use to outperform competitors in the marketplace<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435940[]' id='answer-id-1686935' class='answer   answerof-435940 ' value='1686935'   \/><label for='answer-id-1686935' id='answer-label-1686935' class=' answer'><span>Cost savings by narrowing the supply chain<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-435941'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>Which of the following are incentives for suppliers to perform well on a contract? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_10' value='435941' \/><input type='hidden' id='answerType435941' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435941[]' id='answer-id-1686936' class='answer   answerof-435941 ' value='1686936'   \/><label for='answer-id-1686936' id='answer-label-1686936' class=' answer'><span>Revenue-based pricing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435941[]' id='answer-id-1686937' class='answer   answerof-435941 ' value='1686937'   \/><label for='answer-id-1686937' id='answer-label-1686937' class=' answer'><span>Market-based pricing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435941[]' id='answer-id-1686938' class='answer   answerof-435941 ' value='1686938'   \/><label for='answer-id-1686938' id='answer-label-1686938' class=' answer'><span>Outcome-based pricing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435941[]' id='answer-id-1686939' class='answer   answerof-435941 ' value='1686939'   \/><label for='answer-id-1686939' id='answer-label-1686939' class=' answer'><span>Quality-based pricing<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-11' style=';'><div id='questionWrap-11'  class='   watupro-question-id-435942'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>For items viewed as Strategic\/Critical (high supply risk and high value), which sourcing strategy is best?<\/div><input type='hidden' name='question_id[]' id='qID_11' value='435942' \/><input type='hidden' id='answerType435942' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435942[]' id='answer-id-1686940' class='answer   answerof-435942 ' value='1686940'   \/><label for='answer-id-1686940' id='answer-label-1686940' class=' answer'><span>Competitive bidding<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435942[]' id='answer-id-1686941' class='answer   answerof-435942 ' value='1686941'   \/><label for='answer-id-1686941' id='answer-label-1686941' class=' answer'><span>Outsourcing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435942[]' id='answer-id-1686942' class='answer   answerof-435942 ' value='1686942'   \/><label for='answer-id-1686942' id='answer-label-1686942' class=' answer'><span>Partnership or alliance approach<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435942[]' id='answer-id-1686943' class='answer   answerof-435942 ' value='1686943'   \/><label for='answer-id-1686943' id='answer-label-1686943' class=' answer'><span>Arm\u2019s-length relationship with supplier<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-435943'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>Farmer Joe sells wheat and barley. He charges more when demand is high and less when demand falls. <br \/>\r<br>What pricing strategy does he follow?<\/div><input type='hidden' name='question_id[]' id='qID_12' value='435943' \/><input type='hidden' id='answerType435943' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435943[]' id='answer-id-1686944' class='answer   answerof-435943 ' value='1686944'   \/><label for='answer-id-1686944' id='answer-label-1686944' class=' answer'><span>Competitive Pricing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435943[]' id='answer-id-1686945' class='answer   answerof-435943 ' value='1686945'   \/><label for='answer-id-1686945' id='answer-label-1686945' class=' answer'><span>Flexible Pricing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435943[]' id='answer-id-1686946' class='answer   answerof-435943 ' value='1686946'   \/><label for='answer-id-1686946' id='answer-label-1686946' class=' answer'><span>Dynamic Pricing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435943[]' id='answer-id-1686947' class='answer   answerof-435943 ' value='1686947'   \/><label for='answer-id-1686947' id='answer-label-1686947' class=' answer'><span>Variable Pricing<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-435944'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>A strategy in which an organisation concentrates its resources on a narrow market or industry segment is which of Porter\u2019s Generic Strategies?<\/div><input type='hidden' name='question_id[]' id='qID_13' value='435944' \/><input type='hidden' id='answerType435944' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435944[]' id='answer-id-1686948' class='answer   answerof-435944 ' value='1686948'   \/><label for='answer-id-1686948' id='answer-label-1686948' class=' answer'><span>Cost Leadership<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435944[]' id='answer-id-1686949' class='answer   answerof-435944 ' value='1686949'   \/><label for='answer-id-1686949' id='answer-label-1686949' class=' answer'><span>Focus<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435944[]' id='answer-id-1686950' class='answer   answerof-435944 ' value='1686950'   \/><label for='answer-id-1686950' id='answer-label-1686950' class=' answer'><span>Differentiation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435944[]' id='answer-id-1686951' class='answer   answerof-435944 ' value='1686951'   \/><label for='answer-id-1686951' id='answer-label-1686951' class=' answer'><span>Cost Certainty<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-435945'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>For which of the following supply examples is trust in the supplier least important?<\/div><input type='hidden' name='question_id[]' id='qID_14' value='435945' \/><input type='hidden' id='answerType435945' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435945[]' id='answer-id-1686952' class='answer   answerof-435945 ' value='1686952'   \/><label for='answer-id-1686952' id='answer-label-1686952' class=' answer'><span>A bottleneck item critical to production<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435945[]' id='answer-id-1686953' class='answer   answerof-435945 ' value='1686953'   \/><label for='answer-id-1686953' id='answer-label-1686953' class=' answer'><span>A non-critical item with low supply risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435945[]' id='answer-id-1686954' class='answer   answerof-435945 ' value='1686954'   \/><label for='answer-id-1686954' id='answer-label-1686954' class=' answer'><span>A leverage item with high profit impact<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435945[]' id='answer-id-1686955' class='answer   answerof-435945 ' value='1686955'   \/><label for='answer-id-1686955' id='answer-label-1686955' class=' answer'><span>A strategic item with high supply risk<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-15' style=';'><div id='questionWrap-15'  class='   watupro-question-id-435946'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>Tom, a Procurement Manager, is initiating a Supplier Rationalisation project. <br \/>\r<br>What should he complete first to direct the project?<\/div><input type='hidden' name='question_id[]' id='qID_15' value='435946' \/><input type='hidden' id='answerType435946' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435946[]' id='answer-id-1686956' class='answer   answerof-435946 ' value='1686956'   \/><label for='answer-id-1686956' id='answer-label-1686956' class=' answer'><span>Introduce Six Sigma<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435946[]' id='answer-id-1686957' class='answer   answerof-435946 ' value='1686957'   \/><label for='answer-id-1686957' id='answer-label-1686957' class=' answer'><span>Implement Total Quality Management<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435946[]' id='answer-id-1686958' class='answer   answerof-435946 ' value='1686958'   \/><label for='answer-id-1686958' id='answer-label-1686958' class=' answer'><span>Conduct SWOT Analysis<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435946[]' id='answer-id-1686959' class='answer   answerof-435946 ' value='1686959'   \/><label for='answer-id-1686959' id='answer-label-1686959' class=' answer'><span>Perform Spend Analysis<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-16' style=';'><div id='questionWrap-16'  class='   watupro-question-id-435947'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>Which of the following can have a detrimental effect on supply-chain relationships? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_16' value='435947' \/><input type='hidden' id='answerType435947' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435947[]' id='answer-id-1686960' class='answer   answerof-435947 ' value='1686960'   \/><label for='answer-id-1686960' id='answer-label-1686960' class=' answer'><span>Mistrust<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435947[]' id='answer-id-1686961' class='answer   answerof-435947 ' value='1686961'   \/><label for='answer-id-1686961' id='answer-label-1686961' class=' answer'><span>Low spend<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435947[]' id='answer-id-1686962' class='answer   answerof-435947 ' value='1686962'   \/><label for='answer-id-1686962' id='answer-label-1686962' class=' answer'><span>Lack of feedback<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435947[]' id='answer-id-1686963' class='answer   answerof-435947 ' value='1686963'   \/><label for='answer-id-1686963' id='answer-label-1686963' class=' answer'><span>Market segment<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-17' style=';'><div id='questionWrap-17'  class='   watupro-question-id-435948'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>Which approach to quality involves manufacturing only what is required, when it is required?<\/div><input type='hidden' name='question_id[]' id='qID_17' value='435948' \/><input type='hidden' id='answerType435948' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435948[]' id='answer-id-1686964' class='answer   answerof-435948 ' value='1686964'   \/><label for='answer-id-1686964' id='answer-label-1686964' class=' answer'><span>Zero Defects<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435948[]' id='answer-id-1686965' class='answer   answerof-435948 ' value='1686965'   \/><label for='answer-id-1686965' id='answer-label-1686965' class=' answer'><span>Total Quality Control<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435948[]' id='answer-id-1686966' class='answer   answerof-435948 ' value='1686966'   \/><label for='answer-id-1686966' id='answer-label-1686966' class=' answer'><span>Total Quality Management<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435948[]' id='answer-id-1686967' class='answer   answerof-435948 ' value='1686967'   \/><label for='answer-id-1686967' id='answer-label-1686967' class=' answer'><span>Just-in-Time<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-18' style=';'><div id='questionWrap-18'  class='   watupro-question-id-435949'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>Which of the following departments within an organisation form part of the Value Chain? <br \/>\r<br>Select THREE.<\/div><input type='hidden' name='question_id[]' id='qID_18' value='435949' \/><input type='hidden' id='answerType435949' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435949[]' id='answer-id-1686968' class='answer   answerof-435949 ' value='1686968'   \/><label for='answer-id-1686968' id='answer-label-1686968' class=' answer'><span>Logistics<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435949[]' id='answer-id-1686969' class='answer   answerof-435949 ' value='1686969'   \/><label for='answer-id-1686969' id='answer-label-1686969' class=' answer'><span>Operations<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435949[]' id='answer-id-1686970' class='answer   answerof-435949 ' value='1686970'   \/><label for='answer-id-1686970' id='answer-label-1686970' class=' answer'><span>Marketing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435949[]' id='answer-id-1686971' class='answer   answerof-435949 ' value='1686971'   \/><label for='answer-id-1686971' id='answer-label-1686971' class=' answer'><span>Procurement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-435949[]' id='answer-id-1686972' class='answer   answerof-435949 ' value='1686972'   \/><label for='answer-id-1686972' id='answer-label-1686972' class=' answer'><span>Human Resources<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-19' style=';'><div id='questionWrap-19'  class='   watupro-question-id-435950'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>Electro Bob is a wholesaler of electrical equipment. One of its customers, RoostyFace, spends very little and is unlikely ever to increase its spend. <br \/>\r<br>What type of customer is RoostyFace to Electro Bob (Supplier Preferencing Model)?<\/div><input type='hidden' name='question_id[]' id='qID_19' value='435950' \/><input type='hidden' id='answerType435950' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435950[]' id='answer-id-1686973' class='answer   answerof-435950 ' value='1686973'   \/><label for='answer-id-1686973' id='answer-label-1686973' class=' answer'><span>Core<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435950[]' id='answer-id-1686974' class='answer   answerof-435950 ' value='1686974'   \/><label for='answer-id-1686974' id='answer-label-1686974' class=' answer'><span>Annoying<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435950[]' id='answer-id-1686975' class='answer   answerof-435950 ' value='1686975'   \/><label for='answer-id-1686975' id='answer-label-1686975' class=' answer'><span>Exploitative<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435950[]' id='answer-id-1686976' class='answer   answerof-435950 ' value='1686976'   \/><label for='answer-id-1686976' id='answer-label-1686976' class=' answer'><span>Nuisance<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-20' style=';'><div id='questionWrap-20'  class='   watupro-question-id-435951'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>Kerry is a new department manager at XYZ Ltd. The company has several manufacturing divisions that serve different market segments. <br \/>\r<br>She is considering introducing Total Quality Management (TQM) only in her division. Is this a good idea?<\/div><input type='hidden' name='question_id[]' id='qID_20' value='435951' \/><input type='hidden' id='answerType435951' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435951[]' id='answer-id-1686977' class='answer   answerof-435951 ' value='1686977'   \/><label for='answer-id-1686977' id='answer-label-1686977' class=' answer'><span>Yes C TQM will ensure her division outperforms the other divisions<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435951[]' id='answer-id-1686978' class='answer   answerof-435951 ' value='1686978'   \/><label for='answer-id-1686978' id='answer-label-1686978' class=' answer'><span>Yes C staff will respond positively to the change<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435951[]' id='answer-id-1686979' class='answer   answerof-435951 ' value='1686979'   \/><label for='answer-id-1686979' id='answer-label-1686979' class=' answer'><span>No C TQM is a holistic approach and should be implemented company-wide<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435951[]' id='answer-id-1686980' class='answer   answerof-435951 ' value='1686980'   \/><label for='answer-id-1686980' id='answer-label-1686980' class=' answer'><span>No C TQM is not suitable in a manufacturing company<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-21' style=';'><div id='questionWrap-21'  class='   watupro-question-id-435952'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>21. <\/span>What is the primary motivation for offshoring?<\/div><input type='hidden' name='question_id[]' id='qID_21' value='435952' \/><input type='hidden' id='answerType435952' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435952[]' id='answer-id-1686981' class='answer   answerof-435952 ' value='1686981'   \/><label for='answer-id-1686981' id='answer-label-1686981' class=' answer'><span>Cheaper holidays<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435952[]' id='answer-id-1686982' class='answer   answerof-435952 ' value='1686982'   \/><label for='answer-id-1686982' id='answer-label-1686982' class=' answer'><span>Exploit other countries\u2019 resources<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435952[]' id='answer-id-1686983' class='answer   answerof-435952 ' value='1686983'   \/><label for='answer-id-1686983' id='answer-label-1686983' class=' answer'><span>Cut costs<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435952[]' id='answer-id-1686984' class='answer   answerof-435952 ' value='1686984'   \/><label for='answer-id-1686984' id='answer-label-1686984' class=' answer'><span>Improve cultural competence<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-22' style=';'><div id='questionWrap-22'  class='   watupro-question-id-435953'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>22. <\/span>1.In a typical supply chain, in which direction does value-add travel?<\/div><input type='hidden' name='question_id[]' id='qID_22' value='435953' \/><input type='hidden' id='answerType435953' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435953[]' id='answer-id-1686985' class='answer   answerof-435953 ' value='1686985'   \/><label for='answer-id-1686985' id='answer-label-1686985' class=' answer'><span>From the customer to the distributor<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435953[]' id='answer-id-1686986' class='answer   answerof-435953 ' value='1686986'   \/><label for='answer-id-1686986' id='answer-label-1686986' class=' answer'><span>From the first supplier to the customer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435953[]' id='answer-id-1686987' class='answer   answerof-435953 ' value='1686987'   \/><label for='answer-id-1686987' id='answer-label-1686987' class=' answer'><span>From the OEM to the retailer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435953[]' id='answer-id-1686988' class='answer   answerof-435953 ' value='1686988'   \/><label for='answer-id-1686988' id='answer-label-1686988' class=' answer'><span>From the retailer to the supplier<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-23' style=';'><div id='questionWrap-23'  class='   watupro-question-id-435954'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>23. <\/span>In a supply chain, can a downstream supplier influence all aspects of quality including customer perception?<\/div><input type='hidden' name='question_id[]' id='qID_23' value='435954' \/><input type='hidden' id='answerType435954' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435954[]' id='answer-id-1686989' class='answer   answerof-435954 ' value='1686989'   \/><label for='answer-id-1686989' id='answer-label-1686989' class=' answer'><span>Yes C downstream suppliers have the most power in the chain<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435954[]' id='answer-id-1686990' class='answer   answerof-435954 ' value='1686990'   \/><label for='answer-id-1686990' id='answer-label-1686990' class=' answer'><span>Yes C customer perception is derived from the supplier\u2019s inputs and specification<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435954[]' id='answer-id-1686991' class='answer   answerof-435954 ' value='1686991'   \/><label for='answer-id-1686991' id='answer-label-1686991' class=' answer'><span>No C customer perception is influenced by other functions such as marketing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435954[]' id='answer-id-1686992' class='answer   answerof-435954 ' value='1686992'   \/><label for='answer-id-1686992' id='answer-label-1686992' class=' answer'><span>No C a downstream supplier has no control over quality at all<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-24' style=';'><div id='questionWrap-24'  class='   watupro-question-id-435955'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>24. <\/span>Which of the following is an example of Variable Pricing?<\/div><input type='hidden' name='question_id[]' id='qID_24' value='435955' \/><input type='hidden' id='answerType435955' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435955[]' id='answer-id-1686993' class='answer   answerof-435955 ' value='1686993'   \/><label for='answer-id-1686993' id='answer-label-1686993' class=' answer'><span>A wholesaler offers a discount when a customer buys more than 100 units.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435955[]' id='answer-id-1686994' class='answer   answerof-435955 ' value='1686994'   \/><label for='answer-id-1686994' id='answer-label-1686994' class=' answer'><span>A cleaning firm charges more when demand increases.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435955[]' id='answer-id-1686995' class='answer   answerof-435955 ' value='1686995'   \/><label for='answer-id-1686995' id='answer-label-1686995' class=' answer'><span>A retailer holds a January sale.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435955[]' id='answer-id-1686996' class='answer   answerof-435955 ' value='1686996'   \/><label for='answer-id-1686996' id='answer-label-1686996' class=' answer'><span>A restaurant offers student discounts.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-25' style=';'><div id='questionWrap-25'  class='   watupro-question-id-435956'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>25. <\/span>Where two organisations at different levels of the supply chain share responsibilities, resources, and performance information to serve similar end customers, what is this known as?<\/div><input type='hidden' name='question_id[]' id='qID_25' value='435956' \/><input type='hidden' id='answerType435956' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435956[]' id='answer-id-1686997' class='answer   answerof-435956 ' value='1686997'   \/><label for='answer-id-1686997' id='answer-label-1686997' class=' answer'><span>Vertical collaboration<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435956[]' id='answer-id-1686998' class='answer   answerof-435956 ' value='1686998'   \/><label for='answer-id-1686998' id='answer-label-1686998' class=' answer'><span>Horizontal collaboration<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435956[]' id='answer-id-1686999' class='answer   answerof-435956 ' value='1686999'   \/><label for='answer-id-1686999' id='answer-label-1686999' class=' answer'><span>Tight supply chain collaboration<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435956[]' id='answer-id-1687000' class='answer   answerof-435956 ' value='1687000'   \/><label for='answer-id-1687000' id='answer-label-1687000' class=' answer'><span>Loose supply chain collaboration<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-26' style=';'><div id='questionWrap-26'  class='   watupro-question-id-435957'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>26. <\/span>Just-in-Time (JIT) manufacturing is a form of which organisational strategy?<\/div><input type='hidden' name='question_id[]' id='qID_26' value='435957' \/><input type='hidden' id='answerType435957' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435957[]' id='answer-id-1687001' class='answer   answerof-435957 ' value='1687001'   \/><label for='answer-id-1687001' id='answer-label-1687001' class=' answer'><span>Business Process Re-engineering<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435957[]' id='answer-id-1687002' class='answer   answerof-435957 ' value='1687002'   \/><label for='answer-id-1687002' id='answer-label-1687002' class=' answer'><span>Lean<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435957[]' id='answer-id-1687003' class='answer   answerof-435957 ' value='1687003'   \/><label for='answer-id-1687003' id='answer-label-1687003' class=' answer'><span>Cost Leadership<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435957[]' id='answer-id-1687004' class='answer   answerof-435957 ' value='1687004'   \/><label for='answer-id-1687004' id='answer-label-1687004' class=' answer'><span>Differentiation<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-27' style=';'><div id='questionWrap-27'  class='   watupro-question-id-435958'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>27. <\/span>What is Six Sigma?<\/div><input type='hidden' name='question_id[]' id='qID_27' value='435958' \/><input type='hidden' id='answerType435958' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435958[]' id='answer-id-1687005' class='answer   answerof-435958 ' value='1687005'   \/><label for='answer-id-1687005' id='answer-label-1687005' class=' answer'><span>A methodology to eliminate defects in a business process<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435958[]' id='answer-id-1687006' class='answer   answerof-435958 ' value='1687006'   \/><label for='answer-id-1687006' id='answer-label-1687006' class=' answer'><span>A form of outsourcing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435958[]' id='answer-id-1687007' class='answer   answerof-435958 ' value='1687007'   \/><label for='answer-id-1687007' id='answer-label-1687007' class=' answer'><span>A process of supplier rationalisation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435958[]' id='answer-id-1687008' class='answer   answerof-435958 ' value='1687008'   \/><label for='answer-id-1687008' id='answer-label-1687008' class=' answer'><span>A supply chain analysis tool<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-28' style=';'><div id='questionWrap-28'  class='   watupro-question-id-435959'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>28. <\/span>The effective balancing of demand variability and inventory that achieves the optimal time a product passes through the supply chain is known as:<\/div><input type='hidden' name='question_id[]' id='qID_28' value='435959' \/><input type='hidden' id='answerType435959' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435959[]' id='answer-id-1687009' class='answer   answerof-435959 ' value='1687009'   \/><label for='answer-id-1687009' id='answer-label-1687009' class=' answer'><span>Just-in-Time<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435959[]' id='answer-id-1687010' class='answer   answerof-435959 ' value='1687010'   \/><label for='answer-id-1687010' id='answer-label-1687010' class=' answer'><span>Lean Manufacturing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435959[]' id='answer-id-1687011' class='answer   answerof-435959 ' value='1687011'   \/><label for='answer-id-1687011' id='answer-label-1687011' class=' answer'><span>The Theory of Swift, Even Flow<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435959[]' id='answer-id-1687012' class='answer   answerof-435959 ' value='1687012'   \/><label for='answer-id-1687012' id='answer-label-1687012' class=' answer'><span>Cycle Time<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-29' style=';'><div id='questionWrap-29'  class='   watupro-question-id-435960'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>29. <\/span>Which of the following tactics helps organisations in the middle of a supply chain protect themselves from the Bullwhip Effect?<\/div><input type='hidden' name='question_id[]' id='qID_29' value='435960' \/><input type='hidden' id='answerType435960' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435960[]' id='answer-id-1687013' class='answer   answerof-435960 ' value='1687013'   \/><label for='answer-id-1687013' id='answer-label-1687013' class=' answer'><span>Have buffer stock<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435960[]' id='answer-id-1687014' class='answer   answerof-435960 ' value='1687014'   \/><label for='answer-id-1687014' id='answer-label-1687014' class=' answer'><span>Conduct due diligence on lower-tier suppliers<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435960[]' id='answer-id-1687015' class='answer   answerof-435960 ' value='1687015'   \/><label for='answer-id-1687015' id='answer-label-1687015' class=' answer'><span>Employ a younger workforce<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435960[]' id='answer-id-1687016' class='answer   answerof-435960 ' value='1687016'   \/><label for='answer-id-1687016' id='answer-label-1687016' class=' answer'><span>Trade in a strong currency<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-30' style=';'><div id='questionWrap-30'  class='   watupro-question-id-435961'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>30. <\/span>Plastic Fantastic Ltd manufactures plastic homeware. Customers can return used products to the retailer, who passes them back to the manufacturer for reprocessing. <br \/>\r<br>What type of supply chain is this?<\/div><input type='hidden' name='question_id[]' id='qID_30' value='435961' \/><input type='hidden' id='answerType435961' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435961[]' id='answer-id-1687017' class='answer   answerof-435961 ' value='1687017'   \/><label for='answer-id-1687017' id='answer-label-1687017' class=' answer'><span>Open Loop Supply Chain<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435961[]' id='answer-id-1687018' class='answer   answerof-435961 ' value='1687018'   \/><label for='answer-id-1687018' id='answer-label-1687018' class=' answer'><span>Forward Loop Supply Chain<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435961[]' id='answer-id-1687019' class='answer   answerof-435961 ' value='1687019'   \/><label for='answer-id-1687019' id='answer-label-1687019' class=' answer'><span>Manufacturing Supply Chain<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-435961[]' id='answer-id-1687020' class='answer   answerof-435961 ' value='1687020'   \/><label for='answer-id-1687020' id='answer-label-1687020' class=' answer'><span>Closed Loop Supply Chain<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-31'>\n\t<div class='question-content'>\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\" alt=\"Loading...\" title=\"Loading...\" \/>&nbsp;Loading...\t<\/div>\n<\/div>\n\n<br \/>\n\t\n\t\t\t<div class=\"watupro_buttons flex \" id=\"watuPROButtons11073\" >\n\t\t  <div id=\"prev-question\" style=\"display:none;\"><input type=\"button\" value=\"&lt; Previous\" onclick=\"WatuPRO.nextQuestion(event, 'previous');\"\/><\/div>\t\t  \t\t  \t\t   \n\t\t   \t  \t\t<div><input type=\"button\" name=\"action\" class=\"watupro-submit-button\" onclick=\"WatuPRO.submitResult(event)\" id=\"action-button\" value=\"View Results\"  \/>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\n\t<input type=\"hidden\" name=\"quiz_id\" value=\"11073\" id=\"watuPROExamID\"\/>\n\t<input type=\"hidden\" name=\"start_time\" id=\"startTime\" value=\"2026-05-20 03:49:22\" \/>\n\t<input type=\"hidden\" name=\"start_timestamp\" id=\"startTimeStamp\" value=\"1779248962\" \/>\n\t<input type=\"hidden\" name=\"question_ids\" value=\"\" \/>\n\t<input type=\"hidden\" name=\"watupro_questions\" value=\"435932:1686898,1686899,1686900,1686901 | 435933:1686902,1686903,1686904,1686905 | 435934:1686906,1686907,1686908,1686909 | 435935:1686910,1686911,1686912,1686913,1686914 | 435936:1686915,1686916,1686917,1686918,1686919 | 435937:1686920,1686921,1686922,1686923 | 435938:1686924,1686925,1686926,1686927 | 435939:1686928,1686929,1686930,1686931 | 435940:1686932,1686933,1686934,1686935 | 435941:1686936,1686937,1686938,1686939 | 435942:1686940,1686941,1686942,1686943 | 435943:1686944,1686945,1686946,1686947 | 435944:1686948,1686949,1686950,1686951 | 435945:1686952,1686953,1686954,1686955 | 435946:1686956,1686957,1686958,1686959 | 435947:1686960,1686961,1686962,1686963 | 435948:1686964,1686965,1686966,1686967 | 435949:1686968,1686969,1686970,1686971,1686972 | 435950:1686973,1686974,1686975,1686976 | 435951:1686977,1686978,1686979,1686980 | 435952:1686981,1686982,1686983,1686984 | 435953:1686985,1686986,1686987,1686988 | 435954:1686989,1686990,1686991,1686992 | 435955:1686993,1686994,1686995,1686996 | 435956:1686997,1686998,1686999,1687000 | 435957:1687001,1687002,1687003,1687004 | 435958:1687005,1687006,1687007,1687008 | 435959:1687009,1687010,1687011,1687012 | 435960:1687013,1687014,1687015,1687016 | 435961:1687017,1687018,1687019,1687020\" \/>\n\t<input type=\"hidden\" name=\"no_ajax\" value=\"0\">\t\t\t<\/form>\n\t<p>&nbsp;<\/p>\n<\/div>\n\n<script type=\"text\/javascript\">\n\/\/jQuery(document).ready(function(){\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \t\nvar question_ids = \"435932,435933,435934,435935,435936,435937,435938,435939,435940,435941,435942,435943,435944,435945,435946,435947,435948,435949,435950,435951,435952,435953,435954,435955,435956,435957,435958,435959,435960,435961\";\nWatuPROSettings[11073] = {};\nWatuPRO.qArr = question_ids.split(',');\nWatuPRO.exam_id = 11073;\t    \nWatuPRO.post_id = 113410;\nWatuPRO.store_progress = 0;\nWatuPRO.curCatPage = 1;\nWatuPRO.requiredIDs=\"0\".split(\",\");\nWatuPRO.hAppID = \"0.44498100 1779248962\";\nvar url = \"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/show_exam.php\";\nWatuPRO.examMode = 1;\nWatuPRO.siteURL=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-admin\/admin-ajax.php\";\nWatuPRO.emailIsNotRequired = 0;\nWatuPROIntel.init(11073);\nWatuPRO.inCategoryPages=1;});    \t \n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>As an elective module for the CIPS Level 5 Advanced Diploma in Procurement and Supply qualification, the Achieving Competitive Advantage Through the Supply Chain (L5M7) is designed for such managers responsible for formulating plans and approaches to achieve competitive advantage for their organisations through the supply chain. If you are one of them and planning [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13445,15242],"tags":[20266,20265],"class_list":["post-113410","post","type-post","status-publish","format-standard","hentry","category-cips","category-cips-level-5-advanced-diploma-in-procurement-and-supply","tag-achieving-competitive-advantage-through-the-supply-chain-l5m7","tag-cips-l5m7-exam"],"_links":{"self":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/113410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/comments?post=113410"}],"version-history":[{"count":1,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/113410\/revisions"}],"predecessor-version":[{"id":113411,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/113410\/revisions\/113411"}],"wp:attachment":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/media?parent=113410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/categories?post=113410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/tags?post=113410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}