Online Access Free CIPS.L5M2.v2023-03-25.q40 Practice Test (Page 2)

ISO 20400 represents what area of business?

A.Quality Management

B.Supply Chain Security

C.Risk Management

D.Sustainable Procurement

Which of the following stages would come first within a risk assessment?

A.evaluate risk

B.treat risk

C.monitor risk

D.analyse risk

Which of the following will you put into box 1?

A.strategic

B.intellectual property
(Correct)

C.environment

D.operational

Which of the following will you put into box 2?

A.tolerate

B.transfer

C.treat

D.terminate

Which of the following is an example of force majeure?

A.The supplier delivers materials late due to a breakdown

B.The supplier asks for an uplift in prices

C.The supplier is under criminal investigation for fraud

D.The supplier's factory is hit by a hurricane

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