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

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1 days 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.

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4 days ago

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

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6 days 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.

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9 days 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!

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9 days ago

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

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15 days ago

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

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