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CIPS Global Logistics Strategy Sample Questions (Q86-Q91):
NEW QUESTION # 86
What are the four categories in which reverse logistics systems can be classified, according to De Brito and Dekker?
Answer: D
Explanation:
The categories are product recovery systems, reverse logistics systems, product return networks, and enterprise returns management systems. [P-140]
NEW QUESTION # 87
How does downstream-to-upstream information flow impact the supply chain?
Answer: C
Explanation:
Downstream-to-upstream information flow, such as an order placed by a customer (downstream) being communicated to a manufacturer (upstream), serves as a trigger for the production process. This information flow enables the manufacturer to initiate the necessary production orders and interactions with suppliers to fulfill the customer's order. [P-139]
NEW QUESTION # 88
Peter, an international trade negotiator, is involved in discussions about creating a new international trade agreement. The agreement will cover emerging issues related to internet technologies and e-commerce. In the context of Peter's negotiations, how should the treatment of precedent be approached in new branches of international law, such as internet technologies and e-commerce?
Answer: A
Explanation:
In new branches of international law, such as internet technologies and e-commerce, a flexible use of precedent helps adapt to evolving circumstances. [P-120]
NEW QUESTION # 89
What is the key enabler for global sourcing, global production, global distribution, transportation, and delivery in logistics and supply chain management?
Answer: A
Explanation:
ICT (Information and Communications Technology) is essential for enabling seamless global logistics and supply chain operations. [P-105]
NEW QUESTION # 90
A multinational corporation decides to divest ownership of its subsidiaries, vendors, and suppliers to focus on product strategy. What term best describes this strategic shift?
Answer: B
Explanation:
Vertical disintegration occurs when corporations divest their ownership of subsidiaries and suppliers to focus on innovation. [P-107]
NEW QUESTION # 91
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