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

Managing Supply Chain Risk

Last Update Nov 2, 2026
Total Questions : 120

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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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