CIPS Exam L5M2 Topic 4 Question 38 Discussion

Actual exam question for CIPS's L5M2 exam

Question #: 38
Topic #: 4

[All L5M2 Questions]

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?

Ayes- the first thing the team should look at are the risks and categorise these by topic

Byes- the team should focus on creating a risk register and strategies for mitigating risks as quickly as possible

Cno- the team should review the company's risk appetite before creating a risk register

Dno- Chloe should first speak with suppliers before drawing up the list of potential supply chain risks

Show Suggested Answer

Suggested Answer: A

The correct answers are as follows:

by Charlie at Jul 12, 2024, 02:14 PM

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Hoa

4 days ago

C) no- the team should review the company's risk appetite before creating a risk register

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Mel

6 days ago

B) yes- the team should focus on creating a risk register and strategies for mitigating risks as quickly as possible

upvoted 0 times

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Rodney

7 days ago

A) yes- the first thing the team should look at are the risks and categorise these by topic

upvoted 0 times

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