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CIPS L6M10 Exam Syllabus Topics:
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CIPS Global Logistics Strategy Sample Questions (Q96-Q101):
NEW QUESTION # 96
What is the main focus of "green supply chain management"?
- A. Increasing profits through efficient supply chain operations.
- B. Minimizing costs associated with waste disposal.
- C. Maximizing product life cycles through remanufacturing.
- D. Monitoring and improving environmental performance within the supply chain.
Answer: D
Explanation:
"Green supply chain management" focuses on monitoring and improving environmental performance within the supply chain, including recycling, reuse, reduction, and substitution of materials. [P-145]
NEW QUESTION # 97
Five companies from different industries are participating in a sustainability summit where they discuss and share their approaches to integrating the triple bottom line (TBL), corporate social responsibility (CSR), and green logistics into their business operations. The companies include:
EcoElectronics Inc. - An electronic device manufacturing company with a focus on environmentally friendly products. The company is committed to reducing its carbon footprint by using recycled materials in its products and minimizing electronic waste.
SocialSolutions Ltd. - A consulting firm specializing in social impact initiatives and community development. Their commitment to social impact involves working closely with local communities, implementing initiatives that empower individuals, and fostering sustainable development.
ProfitablePharma Corp. - A pharmaceutical company committed to balancing financial success with social and environmental responsibility. Beyond financial profitability, the company places a high value on moral pharmaceutical practices. This includes ensuring affordable access to medications and minimizing environmental impact in the manufacturing process.
ModernTrans Logistics - A logistics company that specializes in sustainable and eco-friendly carriage solutions. The company invests in a modern and eco-friendly fleet, utilizing alternative fuels and optimizing routes to reduce emissions.
TechInnovate Innovations - A technology company striving to incorporate green practices in its supply chain and operations. Their commitment includes sourcing ethically produced raw materials and adopting energy-efficient manufacturing processes, minimizing environmental impact while driving innovation in the technology sector.
You are required, for each company, to align the primary focus area and recommend the key factor.
Q: What is the primary focus area of ProfitablePharma Corp.?
- A. Supply Chain Sustainability
- B. Green Logistics
- C. Environmental Responsibility
- D. Triple Bottom Line (TBL)
- E. Social Impact
Answer: D
Explanation:
ProfitablePharma Corp. is committed to balancing financial success with social and environmental responsibility, making "Triple Bottom Line (TBL)" their priority area. [P 166-169]
NEW QUESTION # 98
Sarah is a product manager for a company that specializes in electronic gadgets. She is launching a new innovative gadget that has never been introduced in the market before. In which phase of the product life cycle is flexibility likely to be the most crucial for Sarah's new gadget?
- A. Decline phase
- B. Maturity phase
- C. Growth phase
- D. Introduction phase
Answer: D
Explanation:
During the introduction phase of a product's life cycle, innovation and adaptation are key. Flexibility is crucial as the product is being introduced to a new market and consumer demand is uncertain. [P-184]
NEW QUESTION # 99
What forms can governmental incentives take to encourage investment in infrastructure and export industries in a region?
- A. Tax holidays and investment allowances
- B. Grants and subsidies
- C. All of the above
- D. Tax credits and tax rebates
Answer: C
Explanation:
Governmental incentives can take multiple forms, including grants, subsidies, tax credits, tax rebates, tax holidays, and investment allowances to promote infrastructure and export growth. [P-53]
NEW QUESTION # 100
What is the significance of end-to-end integration in capturing efficiencies from new technologies?
- A. It helps companies realize the full potential of new technologies in production and logistics
- B. It allows companies to focus solely on domestic markets
- C. It reduces the need for global logistics
- D. It increases production costs
Answer: A
Explanation:
End-to-end integration ensures that companies can maximize efficiencies from new technologies across supplier networks and logistics operations. [P-2]
NEW QUESTION # 101
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