Global Logistics Strategy study guide: exam L6M10 real vce collection
Global Logistics Strategy study guide: exam L6M10 real vce collection
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CIPS Global Logistics Strategy Sample Questions (Q143-Q148):
NEW QUESTION # 143
Which technology is increasingly being used in storage and handling systems to manage material flows and operations efficiently?
- A. Artificial intelligence (AI) and machine learning
- B. Traditional inventory management software
- C. Paper-based systems
- D. Manual labor
Answer: A
Explanation:
AI and machine learning enhance efficiency in storage and handling by automating decision-making and optimizing material flows. [P-9]
NEW QUESTION # 144
Sarah is a product manager for a company that specializes in electronic gadgets. She is launching a new innovative gadget that has never been introduced in the market before. In which phase of the product life cycle is flexibility likely to be the most crucial for Sarah's new gadget?
- A. Growth phase
- B. Introduction phase
- C. Decline phase
- D. Maturity phase
Answer: B
Explanation:
During the introduction phase of a product's life cycle, innovation and adaptation are key. Flexibility is crucial as the product is being introduced to a new market and consumer demand is uncertain. [P-184]
NEW QUESTION # 145
What does the management of global logistics involve beyond examining physical assets and locations in the supply chain operational system?
- A. Coordinating production facilities across different regions
- B. Reducing supply chain complexity
- C. Managing the information flow throughout the supply chain network
- D. Developing competitive relationships with suppliers
Answer: C
Explanation:
Global logistics management involves more than just physical assets-it includes managing information flow and coordinating activities across the supply chain to optimize efficiency and decision-making. [P-33]
NEW QUESTION # 146
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. Outsourcing
- B. Integration
- C. Fragmentation
- D. Vertical disintegration
Answer: D
Explanation:
Vertical disintegration occurs when corporations divest their ownership of subsidiaries and suppliers to focus on innovation. [P-107]
NEW QUESTION # 147
A multinational corporation is considering expanding its operations to low-wage economies in developing countries to reduce labor costs and gain access to proprietary knowledge. Which of the following best describes this strategy?
- A. Global consolidation of transportation
- B. Centralized distribution centers
- C. Pursuit of cost efficiency in the supply chain
- D. Environmental and safety standards compliance
Answer: C
Explanation:
Expanding operations to low-wage economies aligns with a cost efficiency strategy, aiming to reduce labor costs and maximize purchasing leverage in the global supply chain. [P-14]
NEW QUESTION # 148
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