Online Access Free L5M5 Practice Test

Which of the following is NOT a reason for supply chain mapping?

• A.Identifying potential risks and vulnerabilities
• B.Eliminating the need for supplier relationship management
• C.Understanding and gaining insights into suppliers
• D.Gathering quality data through audits

The Rampal Power Station, a 1320 MW coal-fired power plant, has recently faced accusations of poor health and safety standards in the workplace. Workers have reported being forced to work without safety masks, exposing them to air pollution. If Rampal Power Station fails to improve its health and safety standards, which of the following is the most likely primary consequence?

• A.Loss of reputation
• B.Destruction of the environment
• C.Complexity in calculating insurance coverage
• D.Acquisition of poor quality materials from suppliers

Mahfuz, a Procurement Officer at GreenLine Industries, manages a contract with a supplier of key raw materials. He recently noticed the supplier's non-compliance with the company's CSR (Corporate Social Responsibility) policy. Despite addressing the issue in a meeting, no significant improvements have been made. What should Mahfuz do next?

• A.Escalate the issue to a senior manager
• B.Terminate the contract
• C.Make a financial claim
• D.Issue an ultimatum

Which of the following best defines the concept of total landed costs?

• A.The sum of all logistics cost related to a product
• B.The difference between the product and logistics related cost
• C.The lowest logistics cost of a product
• D.The sum of all product and logistics related cost

All of the following are advantages of low-cost country sourcing EXCEPT which one?

• A.Intellectual property is easily protected
• B.Lower wage rates allow lower manufacturing costs
• C.A wider array of potential suppliers are available
• D.Access to new and better process technologies