Valid L6M10 Exam Question, L6M10 New Dumps Book
Valid L6M10 Exam Question, L6M10 New Dumps Book
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Tags: Valid L6M10 Exam Question, L6M10 New Dumps Book, Pdf Demo L6M10 Download, New L6M10 Test Pdf, Study L6M10 Center
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CIPS L6M10 Exam Syllabus Topics:
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>> Valid L6M10 Exam Question <<
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CIPS Global Logistics Strategy Sample Questions (Q41-Q46):
NEW QUESTION # 41
What is the primary challenge addressed by a global logistics strategy?
- A. Managing and upgrading logistics and distribution channels
- B. Maximizing profitability through cost-effective execution of orders
- C. Competing in the global market
- D. Navigating the world trade system effectively
Answer: B
Explanation:
A global logistics strategy focuses on delivering products and services efficiently while maximizing profitability through cost-effective order execution. [P-3]
NEW QUESTION # 42
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.
Q: For Company B, what recommended action should the company manager take?
Answer Options:
- A. Implementing automation and machine learning
- B. Implementing order batching
- C. Leveraging economies of scale
- D. Improving order accuracy
- E. Handling price fluctuations
Answer: C
Explanation:
To reduce costs, Company B should focus on leveraging economies of scale to achieve cost savings in logistics and operations. [P 166-169]
NEW QUESTION # 43
What is a key consideration for organizations when determining the allocation of resources for reverse logistics activities?
- A. Meeting government regulations
- B. Satisfying customer preferences
- C. Maximizing profit margins
- D. Reducing production costs
Answer: B
Explanation:
Customer preferences and demands for environmental responsibility drive resource allocation in reverse logistics. [P-179]
NEW QUESTION # 44
What role does commitment to environmental issues and ethical standards play in the implementation of reverse logistics programs within an organization?
- A. It helps reduce the need for efficient processes.
- B. It hinders the organization's competitiveness.
- C. It adds complexity to the supply chain.
- D. It enhances the likelihood of successful reverse logistics programs.
Answer: D
Explanation:
Organizational commitment to environmental issues increases the likelihood of successful reverse logistics programs. [P-180]
NEW QUESTION # 45
Which law influences XYZ Manufacturing's reverse logistics?
- A. Occupational Safety Act
- B. Clean Air Act
- C. Equal Pay Act
- D. Americans with Disabilities Act
Answer: B
Explanation:
The Clean Air Act regulates emissions, impacting environmental logistics practices. [P-176]
NEW QUESTION # 46
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