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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:

Show Suggested Answer Hide Answer
Suggested Answer: D

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


Contribute your Thoughts:

Kristal
2 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.
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Refugia
6 days ago
User 4: Really? I prefer to play it safe like Erinn, A and B for me.
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Tuyet
29 days ago
User 3: I think I'll go with C and D, I like to take some risks.
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Erinn
1 months ago
User 2: Yeah, operational and reputational risks are definitely important to consider.
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Ronny
1 months ago
User 1: I agree, A and B seem like the safer choices.
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Almeta
1 months ago
User 2: Yeah, operational and reputational risks are definitely important to consider.
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Samuel
2 months ago
User 1: I agree, A and B seem like the safer choices.
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Apolonia
2 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.
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My
2 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.
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Moon
2 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.
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Delbert
18 days ago
B) reputational risks
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Jacquelyne
18 days ago
I never thought about that, but it makes sense.
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Delisa
20 days ago
C) geopolitical risks
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Jerry
28 days ago
A) operational risks
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Myra
2 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!
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Derick
2 months ago
I agree with Lai. Operational and geopolitical risks are definitely concerns when sourcing from low-cost countries.
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Lai
2 months ago
I think A and C are the risks associated with sourcing from low-cost countries.
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