CIPS L6M10 Übungsprüfungen
Zuletzt aktualisiert am 09.05.2025- Prüfungscode: L6M10
- Prüfungsname: Global Logistics Strategy
- Zertifizierungsanbieter: CIPS
- Zuletzt aktualisiert am: 09.05.2025
Five companies from different industries are participating in a sustainability summit where they discuss and share their approaches to integrating the triple bottom line (TBL), corporate social responsibility (CSR), and green logistics into their business operations.
The companies include:
EcoElectronics Inc. – An electronic device manufacturing company with a focus on environmentally friendly products. The company is committed to reducing its carbon footprint by using recycled materials in its products and minimizing electronic waste.
SocialSolutions Ltd. – A consulting firm specializing in social impact initiatives and community development. Their commitment to social impact involves working closely with local communities, implementing initiatives that empower individuals, and fostering sustainable development.
ProfitablePharma Corp. – A pharmaceutical company committed to balancing financial success with social and environmental responsibility. Beyond financial profitability, the company places a high value on moral pharmaceutical practices. This includes ensuring affordable access to medications and minimizing environmental impact in the manufacturing process.
ModernTrans Logistics – A logistics company that specializes in sustainable and eco-friendly carriage solutions. The company invests in a modern and eco-friendly fleet, utilizing alternative fuels and optimizing routes to reduce emissions.
TechInnovate Innovations – A technology company striving to incorporate green practices in its supply chain and operations. Their commitment includes sourcing ethically produced raw materials and adopting energy-efficient manufacturing processes, minimizing environmental impact while driving innovation in the technology sector.
You are required, for each company, to align the primary focus area and recommend the key factor.
What is the recommended key factor for TechInnovate Innovations?
- A . Sustainable Transportation Solutions
- B . Ethical Business Practices
- C . Integration of Green Practices in Technology Operations
- D . Sustainable Product Design and Manufacturing
- E . Community Development Initiatives
The following five companies are dealing with the challenge of managing a product portfolio, catering to diverse customer segments across international territories. Each company manager is tasked with prioritizing specific focus areas and allocating resources to overcome challenges.
Company A: A grocery store chain frequently offers special promotions and discounts, significantly affecting ordering patterns. These volatile prices make it challenging to maintain a consistent revenue stream.
Company B: A growing e-commerce business experiencing increased shipping costs due to the rapid expansion of product offerings and customer base. To maintain profitability, they need to reduce costs.
Company C: A custom-made furniture manufacturer facing order processing delays, leading to longer lead times and increased customer complaints.
Company D: A manufacturer of high-demand electronic gadgets experiencing demand exceeding supply, requiring order rationing. Customers are frustrated due to errors in the rationing system and have attempted to game the system.
Company E: A global electronics manufacturer struggling to manage its complex supply chain across multiple regions. The company needs to leverage technology to improve efficiency and reduce operational costs.
For Company D, what recommended action should the company manager take? Answer Options:
- A . Handling price fluctuations
- B . Implementing automation and machine learning
- C . Implementing order batching
- D . Leveraging economies of scale
- E . Improving order accuracy
Why are online returns becoming a significant concern in the context of reverse logistics?
- A . Online retailers do not have proper returns management systems in place.
- B . The growth of online sales has led to a decrease in product returns.
- C . Online returns are increasing at a much faster rate compared to counter sales returns.
- D . Customers are less likely to return products purchased online.
A procurement professional is tasked with optimizing logistics processes for an organization where extended transportation pipelines are causing concerns about product obsolescence and increased inventory holding costs.
What strategy might the procurement professional consider?
- A . Increasing transportation costs to expedite product delivery
- B . Purchasing inventory from high-wage economies
- C . Reducing the transportation pipeline length by sourcing products locally
- D . Expanding the organization’s capital equipment capacity
Why is import/export documentation more complex in international transactions compared to domestic ones?
- A . Domestic transactions involve more individuals and institutions.
- B . International transactions have fewer disputes.
- C . International transactions have fewer import/export policies.
- D . The nature of multi-modal transport requirements adds complexity.
In the context of logistics flows, what does the term "bi-directional" refer to?
- A . Goods flow from the point of origin to the point of consumption.
- B . Information flows only from upstream to downstream.
- C . Flows of materials and financials are interconnected.
- D . Flows that can occur in both directions, from point of origin to point of consumption and vice versa.
How do transacting parties commonly address potential conflicts of laws in international trade agreements?
- A . By deferring the choice of law to the distributor or buyer
- B . By choosing the law of one of the transacting parties‘ home states
- C . By relying on international arbitration exclusively
- D . By avoiding any legal clauses in their contracts
A multinational corporation decides to divest ownership of its subsidiaries, vendors, and suppliers to focus on product strategy.
What term best describes this strategic shift?
- A . Fragmentation
- B . Vertical disintegration
- C . Outsourcing
- D . Integration
Which document provides reassurance to all parties in an international transaction and serves as a promise issued by a bank on behalf of the importer to pay for goods and services?
- A . Choice of currency
- B . Credit terms
- C . Certificate of origin
- D . Documentary letter of credit (LC)
What is the significance of end-to-end integration in capturing efficiencies from new technologies?
- A . It reduces the need for global logistics
- B . It allows companies to focus solely on domestic markets
- C . It increases production costs
- D . It helps companies realize the full potential of new technologies in production and logistics