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Are you ready to take the Achieving Competitive Advantage Through the Supply Chain (L5M7)? To learn L5M7 exam questions, smart security solutions, and move IT forward, you need the CIPS L5M7 Certification. Whether you're making security rules for the whole company or working on hard problems, CIPS makes sure you're ready for anything. Crack4sure offers study materials and practice problems covering the exam syllabus for CIPS Courses, including Achieving Competitive Advantage Through the Supply Chain (L5M7). Check for daily deals to get products that can help you pass.

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  • Questions: 88 Q&A's With Detailed Explanation
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  • Exam Name: Achieving Competitive Advantage Through the Supply Chain (L5M7)
  • Last Update: 04-Dec-2025
  • Questions and Answers: 88
  • Single Choice: 69 Q&A's
  • Multiple Choice: 19 Q&A's

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L5M7 Questions and Answers

Question # 1

What is the name of the phenomenon in which a small change in consumer demand can have an amplified effect throughout the supply chain?

A.

Pareto Principle

B.

Bullwhip Effect

C.

Supply and Demand

D.

Amplification Concept

Question # 2

Which of the following relationship styles has theleast amount of trust?

A.

Transactional

B.

Outsourced

C.

Partnership

D.

Closer Tactical

Question # 3

In what way has the increase in the use oftechnologyaffected buyer–supplier relationships?

A.

It has reduced the bargaining power of suppliers as buyers now have access to a wider pool of suppliers and product information.

B.

It has increased the bargaining power of suppliers as they can provide faster quotations.

C.

It has reduced the bargaining power of buyers because there are fewer suppliers.

D.

It has increased the bargaining power of buyers because technology has increased operational costs.

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