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100% L5M7 Correct Answers 100% Pass | Valid Demo L5M7 Test: Achieving Competitive Advantage Through the Supply Chain (L5M7)

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CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) Sample Questions (Q88-Q93):

NEW QUESTION # 88
Which of the following relationship styles has theleast amount of trust?

A. Transactional
B. Closer Tactical
C. Outsourced
D. Partnership

Answer: A

Explanation:
Therelationship spectrumshows thattransactional relationshipsare theleast trust-based, focusing on short- term exchanges with minimal collaboration.
Short cited extract: "Transactional - low trust, short-term, low collaboration." (L5M7 Study Guide, p.80) Reference:CIPS L5M7 Study Guide, p.80.

NEW QUESTION # 89
Supplier vettingis a form of which type of quality management system?

A. Quality assurance
B. Lean
C. Quality inspection
D. Six Sigma

Answer: A

Explanation:
Quality assurance (QA)isproactive, including activities such assupplier approval/vetting;inspectionis reactive sampling of outputs. Short extract: "QA-proactive systems e.g., supplier approval; inspection- sampling outputs." (L5M7 Study Guide, p.123) Reference:L5M7 Study Guide, p.123.

NEW QUESTION # 90
Trust is a dynamic concept required in partnership relationships. Which of the following are part of thefive trust componentsimportant in supply chains?

A. Charm
B. Power
C. Competence
D. Integrity
E. Loyalty

Answer: C,D,E

Explanation:
Trust in supply chains is built on components includingintegrity,competence,loyalty,openness, andfairness.
Short extract: "key trust components: integrity, competence, loyalty, openness, fairness." (L5M7 Study Guide, Domain 3.4 section) Reference:L5M7 Study Guide, Domain 3.4 (Relationship/Trust components).

NEW QUESTION # 91
In a confectionery factory, quality inspection occurs before packaging. If a product is found defective, which type ofcost of qualityis incurred?

A. Appraisal cost
B. External failure cost
C. Internal failure cost
D. Prevention cost

Answer: C

Explanation:
Defects discoveredbefore dispatchare classified asinternal failures, including rework, scrap, or re-inspection.
Short cited term: "internal failure = defects found before reaching customer." (L5M7 Study Guide, p. 128) Reference:CIPS L5M7 Study Guide, p. 128.

NEW QUESTION # 92
Which of the following statements aboutsupply chain knowledgeis correct? Select TWO.

A. Where supply chain knowledge is low, members tend to operate independently of others.
B. Where supply chain knowledge is low, there is high collaboration with partners.
C. Where technology utilisation is low, systems and policies are consistent.
D. Where there is high readiness to use technology, IT use is deliberate and structured.

Answer: A,D

Explanation:
Whenknowledge is low, members workindependently; highertechnological readinesscreates deliberate and structured IT use.
Short cited term: "low knowledge # independent working; high tech readiness # structured IT use." (L5M7 Study Guide, p. 51) Reference:CIPS L5M7 Study Guide, p. 51.

NEW QUESTION # 93
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Carl Bell Carl Bell

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