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Pass Guaranteed CIPS L6M10 - First-grade Study Global Logistics Strategy Material

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CIPS Global Logistics Strategy Sample Questions (Q171-Q176):

NEW QUESTION # 171
In a scenario where an organization operates in a fast-turnaround industry and needs to launch a new product quickly, what is a critical factor for success in terms of time to market?

A. Sourcing and integrating new raw materials efficiently
B. Focusing on long-term customer relationships
C. Implementing advanced automation systems
D. Developing a complex supply chain

Answer: A

Explanation:
Efficient sourcing and integration of raw materials ensure faster production and time-to-market, which is critical in fast-moving industries. [P-12]

NEW QUESTION # 172
ABC Electronics faces customer demand for sustainability. What external factor influences their strategy?

A. Government regulations
B. Employee satisfaction
C. Supplier preferences
D. Internal decisions

Answer: A

Explanation:
Regulations and societal pressures drive companies to adopt sustainable practices. [P-175]

NEW QUESTION # 173
Why did corporations like General Motors and DuPont shift to relatively decentralized organizational structures?

A. To improve adaptability to local conditions
B. To increase economies of scale
C. To reduce the importance of technology
D. To enhance global competition

Answer: A

Explanation:
Corporations structured business units around products and geographic markets to enhance flexibility and local adaptability. [P-102]

NEW QUESTION # 174
What are some important design considerations for a reverse logistics system focused on product recovery networks?
Quantity
Branding
Timing
Marketing

A. 2 and 3
B. 1 and 2
C. 3 and 4
D. 1 and 3

Answer: D

Explanation:
Quantity and timing are critical for managing supply-demand mismatches in product recovery. [P-178]

NEW QUESTION # 175
A company is looking to improve cost efficiency while remaining responsive to customer demands in its supply chain operations. Which practice involves outsourcing core logistics capabilities to specialist providers like DHL and FedEx?

A. Third-party logistics (3PL)
B. Total external asset management
C. Fourth-party logistics (4PL)
D. Stock and inventory management

Answer: A

Explanation:
Third-party logistics (3PL) involves outsourcing logistics functions to specialized providers such as DHL and FedEx to improve efficiency and responsiveness. [P-38]

NEW QUESTION # 176
......

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