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New L6M9 Study Notes | L6M9 Examcollection Questions Answers
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100% Pass Quiz Authoritative CIPS - L6M9 - New Supply Network Design Study Notes
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CIPS Supply Network Design Sample Questions (Q65-Q70):
NEW QUESTION # 65
An organisation may haveseveral different business-level strategies. Is thisTRUE?
- A. No-effective vertical alignment between operations strategy and corporate strategy means there must only beoneorganisation-wide operations strategy
- B. Yes-different parts of the business may operate indifferent marketplacesor have different services
/portfolios - C. Yes-the different business-level strategies will contradict each other
- D. No-an organisation should only haveonestrategy, which can be likened to a 'master plan' with high- level ambitions
Answer: B
Explanation:
* The statement is TRUE, so we can immediatelyeliminate A and B.
* Option C is correctbecauselarge organisations often have multiple business-level strategies depending onmarket conditions.
* Example:McDonald'shasdifferent menusandmarketing strategiesin different countries.
* Option D is incorrect-business-level strategiesdo not necessarily contradicteach other.
(See LO 2.1, p.75)
NEW QUESTION # 66
Asimple supply chainconsists of threecommercial roles. What are these?
- A. Distributor
- B. Supplier
- C. Organisation
- D. Buyer
- E. Manufacturer
Answer: B,C,D
Explanation:
Abasic supply chainconsists ofthree key roles:
* Supplier# Provides materials or products to the organisation
* Organisation# The business that processes/manages the product
* Buyer# The final customer who purchases the product
Distributor and Manufacturerexist in morecomplex supply networks, but they are not part of the simplest supply chain model. (See LO 1.1, p.3)
NEW QUESTION # 67
Gill runs the operations department of amanufacturing organisationin Wales. The departmentemulates best practicesfrom competitors throughbenchmarkingand has recently introducedSix Sigmato prevent operational problems. Which of the following best describes Gill's approach to operations function?
- A. Externally supportive
- B. Internally supportive
- C. Internally neutral
- D. Externally neutral
Answer: D
Explanation:
This aligns withexternally neutral, which includes:
* Benchmarking against competitors
* Adopting best practices(Lean, Six Sigma, BPR, TQM)
* Emulating successful industry models
(LO 2.1, See p.99)
NEW QUESTION # 68
Which of the following are Porter's strategies that can help an organisation create competitive advantage in the marketplace?Select ALL that apply
- A. Become an organisation that is meaningfully different from competitors
- B. Provide exceptional customer service
- C. Ensure a large product range
- D. Become a specialised provider
- E. Be a low-cost provider
Answer: A,D,E
Explanation:
Porter's three strategies are low-cost, differentiation, and niche. These options are just worded slightly differently but align with Porter's competitive strategies. (See p.151)
NEW QUESTION # 69
Which of the following statements aboutDynamic Capability TheoryareTRUE? SelectALLthat apply.
- A. It can be utilised to understand how the operations functionreconfigures its competenciesin response to changes in the marketplace
- B. It can contribute to thecompetitive advantageof the organisation
- C. The focus is on reducing costs to ensure the organisation remains profitable
- D. Information sharing throughout thesupply networkis important to creating dynamic capability
Answer: A,B,D
Explanation:
#Option A is correct-Dynamic Capability Theory helps companiesadjust their competenciesto market changes.#Option B is correct-Dynamic capabilities contribute tocompetitive advantage.#Option D is correct-Information sharingwithin the supply chain is key tobuilding dynamic capabilities.
#Option C is incorrect-Dynamic Capability Theory doesnot focus on cost reduction, but rather onagility and responsivenesstomarket changes.
Note:This section also coversPorter's 5 Forces, STEEPLE, and the Product Life Cycle, which are important topics for revision!
(See LO 2.1, p.88)
NEW QUESTION # 70
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