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Guide for L5M7: CIPS Achieving Competitive Advantage Through the Supply Chain

Quiz L5M7: CIPS Achieving Competitive Advantage Through the Supply Chain

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/ 10

Quiz

1/10
In a typical supply chain, in which direction does value-add travel?
Select the answer
1 correct answer
A.
From the customer to the distributor
B.
From the first supplier to the customer
C.
From the OEM to the retailer
D.
From the retailer to the supplier

Quiz

2/10
Kerry is a new department manager at XYZ Ltd. The company has several manufacturing divisions
that serve different market segments. She is considering introducing Total Quality Management
(TQM) only in her division. Is this a good idea?
Select the answer
1 correct answer
A.
Yes – TQM will ensure her division outperforms the other divisions
B.
Yes – staff will respond positively to the change
C.
No – TQM is a holistic approach and should be implemented company-wide
D.
No – TQM is not suitable in a manufacturing company

Quiz

3/10
Just-in-Time (JIT) manufacturing is a form of which organisational strategy?
Select the answer
1 correct answer
A.
Business Process Re-engineering
B.
Lean
C.
Cost Leadership
D.
Differentiation

Quiz

4/10
What is Six Sigma?
Select the answer
1 correct answer
A.
A methodology to eliminate defects in a business process
B.
A form of outsourcing
C.
A process of supplier rationalisation
D.
A supply chain analysis tool

Quiz

5/10
What is the primary motivation for offshoring?
Select the answer
1 correct answer
A.
Cheaper holidays
B.
Exploit other countries’ resources
C.
Cut costs
D.
Improve cultural competence

Quiz

6/10
Which of the following can have a detrimental effect on supply-chain relationships? Select TWO.
Select the answer
2 correct answers
A.
Mistrust
B.
Low spend
C.
Lack of feedback
D.
Market segment

Quiz

7/10
Where two organisations at different levels of the supply chain share responsibilities, resources, and
performance information to serve similar end customers, what is this known as?
Select the answer
1 correct answer
A.
Vertical collaboration
B.
Horizontal collaboration
C.
Tight supply chain collaboration
D.
Loose supply chain collaboration

Quiz

8/10
Electro Bob is a wholesaler of electrical equipment. One of its customers, RoostyFace, spends very
little and is unlikely ever to increase its spend. What type of customer is RoostyFace to Electro Bob
(Supplier Preferencing Model)?
Select the answer
1 correct answer
A.
Core
B.
Annoying
C.
Exploitative
D.
Nuisance

Quiz

9/10
For items viewed as Strategic/Critical (high supply risk and high value), which sourcing strategy is
best?
Select the answer
1 correct answer
A.
Competitive bidding
B.
Outsourcing
C.
Partnership or alliance approach
D.
Arm’s-length relationship with supplier

Quiz

10/10
Which of the following relationship styles is the least collaborative?
Select the answer
1 correct answer
A.
Strategic alliance
B.
Arm’s-length
C.
Transactional
D.
Outsourced
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  • Quiz name:L5M7: CIPS Achieving Competitive Advantage Through the Supply Chain
  • Total number of questions:88
  • Number of questions for the test:50
  • Pass score:80%

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