CIPS Exam L5M2 Topic 1 Question 52 Discussion

Actual exam question for CIPS's L5M2 exam

Question #: 52
Topic #: 1

[All L5M2 Questions]

Which of the following risks is associated with sourcing from low-cost countries? Select TWO:

Aoperational risks

Breputational risks

Cgeopolitical risks

Dfinancial risks

Show Suggested Answer

Suggested Answer: D

A black swan event is an unusual occurrence - something that is rare. See p.124

by Nu at Feb 11, 2025, 10:48 AM

Limited Time Offer

25%

Off

Get Premium L5M2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Kristal

4 months ago

I'm just going to go with the safe options, A and B. Gotta play it smart, you know? No need to tempt fate with those other risky choices.

upvoted 0 times

Refugia

3 months ago

User 4: Really? I prefer to play it safe like Erinn, A and B for me.

upvoted 0 times

...

Tuyet

3 months ago

User 3: I think I'll go with C and D, I like to take some risks.

upvoted 0 times

...

Erinn

4 months ago

User 2: Yeah, operational and reputational risks are definitely important to consider.

upvoted 0 times

...

Ronny

4 months ago

User 1: I agree, A and B seem like the safer choices.

upvoted 0 times

...

Almeta

4 months ago

User 2: Yeah, operational and reputational risks are definitely important to consider.

upvoted 0 times

...

Samuel

4 months ago

User 1: I agree, A and B seem like the safer choices.

upvoted 0 times

...

Apolonia

4 months ago

Financial risks? Well, duh! If your suppliers go belly-up, your entire operation goes down the drain. It's a high-stakes game, alright.

upvoted 0 times

...

My

5 months ago

I believe financial risks should also be considered. It's important to ensure the financial stability of the suppliers in low-cost countries.

upvoted 0 times

...

Moon

5 months ago

Geopolitical risks? That's a nice way of saying 'your factory might get invaded by a rogue nation'. Keeping an eye on the news is a must these days.

upvoted 0 times

Delbert

3 months ago

B) reputational risks

upvoted 0 times

...

Jacquelyne

3 months ago

I never thought about that, but it makes sense.

upvoted 0 times

...

Delisa

3 months ago

C) geopolitical risks

upvoted 0 times

...

Jerry

3 months ago

A) operational risks

upvoted 0 times

...

Myra

5 months ago

Operational risks and reputational risks? Sounds like a recipe for a global supply chain disaster! Buckle up, folks, it's going to be a wild ride!

upvoted 0 times

...

Derick

5 months ago

I agree with Lai. Operational and geopolitical risks are definitely concerns when sourcing from low-cost countries.

upvoted 0 times

...

Lai

5 months ago

I think A and C are the risks associated with sourcing from low-cost countries.

upvoted 0 times

...