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L5M2 Practice Questions

Managing Supply Chain Risk Exam Practice Test


Total 24 Pages
Total 120 Questions

L5M2 Practice Questions

Question# 1

Which of the following statements are true about risk management? Select TWO.
Choose the Choices:


Question# 2

A company with a large risk appetite would do which of the following?
Choose the Choices:


Question# 3

Chloe is a procurement manager at Ruby Company. She has been asked to join a cross - functional team to review the company's risk appetite, potential risks within the supply chain and brainstorm mitigating actions. Chloe has suggested that the cross - functional team should first draw up a list of potential supply chain risks and potential strategies to overcome the risks. Is Chloe correct?
Choose the Choices:


Question# 4

John is a mid - level manager and has created a risk / reward matrix about four potential opportunities at his company White Ducky Limited. He will present his research to a board meeting next week. He has categorised the four opportunities as the following. Which of these opportunities should John recommend the board 'consider'? Select TWO.
Choose the Choices:


Question# 5

Company DDD has recently seen a drop in share price and has high levels of Work - in - Progress (WIP) due to late supplier deliveries. Which of the following is the type of risk the business facing?
Choose the Choices:


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