CIPS L5M4 Quiz:1 Topic:1 Questions:1-5

Free Practice Mock Questions Set 1-5 (Quiz # 1) for CIPS L5M4 Exam, according to official CIPS Advanced Contract and Financial Management exam syllabus topic # 1

Question: 1

SIMULATION

With reference to the SCOR Model, how can an organization integrate operational processes throughout the supply chain? What are the benefits of doing this? (25 points)

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Question: 2

SIMULATION

Describe three categories of stakeholders and a method for how you could map different types of stakeholders within an organization (25 points)

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Question: 3

SIMULATION

What is meant by the term benchmarking? (10 points) Describe two forms of benchmarking (15 points)

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Question: 4

SIMULATION

Apart from financial measures, what other measures can an organization use to measure the performance of their supply chain? Describe THREE. (25 points)

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Question: 5

SIMULATION

A company is keen to assess the innovation capacity of a supplier. Describe what is meant by 'innovation capacity' and explain what measures could be used. (25 marks)

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Quiz 1