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Pass the CIPS Level 5 Advanced Diploma in Procurement and Supply L5M7 Questions and answers with Dumpstech

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Questions # 21:

What isBusiness Process Re-engineering (BPR)?

Options:

A.

Comparison of business strengths and weaknesses

B.

A strategy that analyses workflow to find efficiencies

C.

Repositioning a company in its market segment

D.

Refinancing of a company

Questions # 22:

Supplier vettingis a form of which type of quality management system?

Options:

A.

Quality inspection

B.

Lean

C.

Six Sigma

D.

Quality assurance

Questions # 23:

A company which usesClient Experience Strategyas part of its marketing tactic would provide which of the following?

Select TWO.

Options:

A.

Listen to customer feedback

B.

Provide a website

C.

Personalise the user experience

D.

Lower prices

Questions # 24:

Freddie, a Procurement Professional, is reviewing supply chain risks. He believes all risks should be eliminated. Is this correct?

Options:

A.

Yes – all supply chain risks must be removed

B.

Yes – create risk assessments for each supplier

C.

No – prevent risks where possible but tolerate low-level risks

D.

No – awareness only is required

Questions # 25:

A strategy in which an organisation concentrates its resources on anarrow market or industry segmentis which ofPorter’s Generic Strategies?

Options:

A.

Cost Leadership

B.

Focus

C.

Differentiation

D.

Cost Certainty

Questions # 26:

In a confectionery factory, quality inspection occurs before packaging. If a product is found defective, which type ofcost of qualityis incurred?

Options:

A.

Internal failure cost

B.

External failure cost

C.

Prevention cost

D.

Appraisal cost

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