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CIPS Level 5 Advanced Diploma in Procurement and Supply Managing Supply Chain Risk

Managing Supply Chain Risk

Last Update Sep 18, 2026
Total Questions : 120

To help you prepare for the L5M2 CIPS exam, we are offering free L5M2 CIPS exam questions. All you need to do is sign up, provide your details, and prepare with the free L5M2 practice questions. Once you have done that, you will have access to the entire pool of Managing Supply Chain Risk L5M2 test questions which will help you better prepare for the exam. Additionally, you can also find a range of Managing Supply Chain Risk resources online to help you better understand the topics covered on the exam, such as Managing Supply Chain Risk L5M2 video tutorials, blogs, study guides, and more. Additionally, you can also practice with realistic CIPS L5M2 exam simulations and get feedback on your progress. Finally, you can also share your progress with friends and family and get encouragement and support from them.

Questions 2

Which of the following will you put into box 6?

Options:

A.  

audit

B.  

monitor

C.  

insurance

D.  

dual sourcing

Discussion 0
Questions 3

Which of these is a type of Intellectual Property protection? Select TWO

Options:

A.  

Warranty

B.  

Condition

C.  

Patent

D.  

Trademark

Discussion 0
Questions 4

Which of the following statements is true about ISO9001? Select TWO.

Options:

A.  

it is based on the principle of continuous improvement

B.  

it encourages businesses to see quality from the viewpoint of the customer

C.  

it aims to ensure sustainability within the supply chain

D.  

It complements ISO 20400

E.  

it helps businesses to identify areas of potential risk and mitigate these accordingly

Discussion 0
Questions 5

There are three main areas where third party suppliers are used in risk management. What are they?

Options:

A.  

contract negotiations

B.  

supply chain management

C.  

credit ratings

D.  

risk auditing

E.  

disaster recovery

Discussion 0
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