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CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) Sample Questions (Q76-Q81):
NEW QUESTION # 76
What doesISO 9001refer to?
Answer: C
Explanation:
ISO 9001sets the framework forquality management systems(QMS), based on principles such as customer focus, leadership, and improvement. Short extract: "ISO 9001-quality management." (L5M7 Study Guide, p.122) Reference:L5M7 Study Guide, p.122.
NEW QUESTION # 77
What are some disadvantages to a multi-sourcing strategy in a supply chain? Select TWO.
Answer: A,C
Explanation:
Multi-sourcing canincrease inventory/duplicationand createquality inconsistencybetween sources. Reduced dependency (C) is anadvantage, and (D) is a neutral characteristic rather than a disadvantage. Short extract: " multiple sources may lead to duplication/stock and variable quality." (L5M7 Study Guide, p.6) Reference:L5M7 Study Guide, p.6.
NEW QUESTION # 78
Total Quality Management (TQM)is a long-term strategy. Is this TRUE?
Answer: B
Explanation:
TQMis along-term philosophydemanding sustained commitment; benefits emerge gradually through continuous improvement.
Short cited extract: "TQM is a long-term commitment where results may not be immediate." (L5M7 Study Guide, p. 118) Reference:CIPS L5M7 Study Guide, p. 118.
NEW QUESTION # 79
Just-in-Time (JIT)manufacturing is a form of which organisational strategy?
Answer: A
Explanation:
JIT is aLeantechnique to minimise inventory and produce "only what is needed, when needed," thereby removing waste from processes. Short cited phrase: "only when needed" (L5M7 Study Guide, p.111).
Reference:CIPS L5M7 Study Guide, p.111.
NEW QUESTION # 80
What isBusiness Process Re-engineering (BPR)?
Answer: B
Explanation:
BPRexamines and redesignsworkflows and processesto remove waste and maximise efficiency and customer value.
Short cited extract: "BPR - radical review of workflows to achieve major efficiency improvements." (L5M7 Study Guide, p. 111) Reference:CIPS L5M7 Study Guide, p. 111.
NEW QUESTION # 81
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