L5M2 Certification Sample Questions & L5M2 Exam Reference

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2023 L5M2: Pass-Sure Managing Supply Chain Risk Certification Sample Questions

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NEW QUESTION 24
Which of the following will you put into box 8?

  • A. service credits
  • B. Conformance Specification
  • C. Force Majeure
  • D. NDA

Answer: A

Explanation:
Explanation
The correct answers are as follows:
Table Description automatically generated

Service Credits are commonly used in IT contracts. This is where the customer is compensated financially should the system ‘go down’ for a period.

 

NEW QUESTION 25
Which of the following will you put into box 1?

  • A. terminate
  • B. tolerate
  • C. treat
  • D. transfer

Answer: D

Explanation:
Explanation
The correct answers are as follows:
Table Description automatically generated

Nothing can be done to change this risk (you can’t stop an earthquake from happening), so you therefore need to transfer the risk to another party, or include for this within a contract.

 

NEW QUESTION 26
Logistics Risks are caused by…

  • A. extended supply chains
  • B. economic instability
  • C. customer expectations
  • D. heightened ethical standards

Answer: A

Explanation:
Explanation
Extended supply chains create logistic risks. This is from p. 29. Types of risks is a popular exam topic but the questions are usually quite straightforward like this.

 

NEW QUESTION 27
……

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