Free Access CIPS.L5M7.v2026-04-13.q31 Practice Test (Page 5)

Mark, a logistics procurement manager, describes his chain astightly coupled. What does this mean?

A.There are many organisations in the supply chain

B.The supply chain is strong

C.There is a high level of interdependency in the supply chain

D.There is flexibility in the supply chain

A marketplace which is described as a'red ocean'has which of the following characteristics?

A.Highly competitive

B.No competition

C.Easy to enter

D.Lots of substitute products available

When analysing a series of data, the number which occurs most frequently is known as what?

A.Median

B.Mode

C.Mean

D.Average

In what way has the increase in the use oftechnologyaffected buyer-supplier relationships?

A.It has reduced the bargaining power of suppliers as buyers now have access to a wider pool of suppliers and product information.

B.It has increased the bargaining power of suppliers as they can provide faster quotations.

C.It has reduced the bargaining power of buyers because there are fewer suppliers.

D.It has increased the bargaining power of buyers because technology has increased operational costs.

Which of the following is an example of aCapital Expenditurefor a private healthcare facility?

A.MRI Machine

B.Nurse's Salary

C.Cleaning Products

D.Medicine

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