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NEW QUESTION 49
Controlling a risk through the development of actions that can minimise the impact the organisation will suffer as a result of the risk event is known as what control?

• A. terminate
• B. transfer
• C. tolerate
• D. treat

Answer: D

Explanation:
Explanation
This is the description of treat mentioned on p. 143. The 4 Ts is a popular exam topic

NEW QUESTION 50
What is the purpose of a Disaster Recovery Plan?

• A. to return to business as usual
• B. to get critical systems operational
• C. to detect and react to an emergency situation, focusing on people's safety
• D. to increase output to normal levels following a disaster

Answer: B

Explanation:
Explanation
A Disaster Recovery Plan is to get critical systems operational following an emergency. This is implemented hours after the event. Option 2 describes Incident Response and Option 3 describes a Business Continuity Plan. Option 4 is made up. These definitions and the timeline of when they're activated is on p.108 of the study guide

NEW QUESTION 51
Which of the following will you put into box 2?

• A. hazard
  (Correct)
• B. financial
• C. operational
• D. strategic

Answer: A

Explanation:
Explanation
Table Description automatically generated

NEW QUESTION 52
Khalid is a procurement manager who works at a manufacturing organisation based in the UK. The organisation creates building fabric materials by converting raw materials such as steal into useable items in the construction industry. Khalid sources most of his steal internationally due to competitive prices. On one occasion with his usual supplier, the ship that is carrying the materials sinks due to an unexpected storm.
Which clause would be activated within the contract?

• A. liability clause
• B. transportation clause
• C. breach of contract
• D. force majeure

Answer: D

Explanation:
Explanation
this is an example of force majeure. Force majeure is a popular exam topic and comes up in chapter 2.1 p. 66.
A force majeure is when an event, such as a storm, happens which affects the delivery of the contract, but over which neither party has any control.

NEW QUESTION 53
Which of the following statements is true about ISO9001? Select TWO.

• A. It complements ISO 20400
• B. it helps businesses to identify areas of potential risk and mitigate these accordingly
• C. it is based on the principle of continuous improvement
• D. it aims to ensure sustainability within the supply chain
• E. it encourages businesses to see quality from the viewpoint of the customer

Answer: C,E

Explanation:
Explanation
ISO 9001 is Quality Management- answers 1 and 2 are correct. ISOs are a popular topic on this exam so be sure to revise them - and not only what the names of them are, but also the principles behind each ISO. ISO
9001 is discussed on p. 25 of the CIPS study guide.

NEW QUESTION 54
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