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Exam L6M10 Cram Review | L6M10 New Study Questions

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CIPS L6M10 Exam Syllabus Topics:

Topic
Details

Topic 1

Understand the concept of reverse logistics and its impact on global logistics strategy: This section measures the skills of the target audience in assessing strategic factors influencing reverse logistics, such as government policies, economic considerations, and environmental impacts. It emphasizes understanding how these factors affect reverse logistics planning. A key skill measured is evaluating sustainability strategies in reverse logistics.

Topic 2

Assess the strategic factors that influence reverse logistics: This section measures the skills of Logistics Coordinators in comparing factors affecting the implementation of reverse logistics strategies. It discusses challenges such as lack of infrastructure, forecasting difficulties, and perceptions of reverse logistics as a cost rather than a value-addition opportunity.

Topic 3

Understand the strategic logistical implications of globalization: This section measures the skills of Logistics Managers and focuses on evaluating the logistics challenges presented by globalization. It covers issues such as centralized versus regionalized inventory holdings, international logistics practices, and the impact of transportation pipelines on inventory costs. A key skill measured is identifying logistics challenges in a global context.

Topic 4

Understand global governance of the supply chain: This section measures the skills of Compliance Officers in assessing the impact of international legislation on globalized supply chains. It includes understanding jurisdictional issues and legal considerations affecting trade across multiple countries. A key skill measured is evaluating legal frameworks governing international trade.

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L6M10 Exam Torrent: Global Logistics Strategy & L6M10 Exam Questions & Answers

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CIPS Global Logistics Strategy Sample Questions (Q182-Q187):

NEW QUESTION # 182
How do customers and suppliers differ in returns?

A. Both seek quick refunds.
B. Both aim for remanufactured items.
C. Customers want remanufactured items.
D. Customers prioritize refunds; suppliers seek residual value.

Answer: D

Explanation:
Customers focus on speedy resolutions, while suppliers aim to recover value. [P-181]

NEW QUESTION # 183
Which factors can be used to calculate the duty on imported goods in international trade? (Select ALL that apply)

A. The value of the goods based on the invoice value
B. The type of goods based on the harmonized system of classification
C. The weight and dimensions of the goods
D. The country's currency used for payment
E. The country from which the goods are imported

Answer: A,B,E

Explanation:
Duties on imported goods are calculated based on invoice value, country of origin, and type of goods (harmonized classification). Weight, dimensions, and currency are not primary factors. [P-134]

NEW QUESTION # 184
What are potential causes of transportation and/or pipeline breakdowns? (Select all that apply)

A. Corruption
B. Natural disasters
C. Currency fluctuations
D. Weather events
E. Law & disputes

Answer: A,B,C,D

Explanation:
Natural disasters and weather events disrupt transportation and facilities.
Corruption can lead to inefficiencies and breakdowns in transportation networks.
Currency fluctuations may cause financial disruptions affecting logistics operations.
Law & disputes are not listed as key factors affecting transportation breakdowns. [P-72]

NEW QUESTION # 185
What is the practice of following precedence in national legal systems called in Common Law?

A. Judicial creativity
B. Stare decisis
C. Jurisprudence constant
D. Rule of law

Answer: B

Explanation:
In Common Law, the principle of following legal precedence is known as stare decisis. [P-119]

NEW QUESTION # 186
ABC Electronics faces customer demand for sustainability. What external factor influences their strategy?

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

Answer: A

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

NEW QUESTION # 187
......

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