Q66. What would happen if a company enacts its Contingency Agreement following a natural disaster?

Q67. Chloe is a procurement manager at Ruby Company. She has been asked to join a cross-functional team to review the company’s risk appetite, potential risks within the supply chain and brainstorm mitigating actions.
Chloe has suggested that the cross-functional team should first draw up a list of potential supply chain risks and potential strategies to overcome the risks. Is Chloe correct?

Q68. Which of the following is an example of force majeure?

Q69. Portobello is an Italian manufacturing company that produces canned tomato sauces. It imports a lot of its tomatoes from Latin America as there isn’t the capacity to grow that many tomatoes in Italy. One of the major risks posing Portobello is that the tomatoes must be transported via cargo ship, and there is a risk that the ship may sink, or be delayed by bad weather. Portobello has taken out insurance to cover the cost of the tomatoes should this happen. What technique has Portobello used?

Q70. Which of the following insurances would provide cover in the eventuality that your supplier’s place of business flooded and this affected your deliveries?

Q71. Which of the following is not a benefit of having a contingency plan?

Q72. An interconnected supply chain would have what affect on the creation of a risk register?

Q73. Which of the following will you put into box 2?

Q74. ISO 20400 represents what area of business?

Q75. Which of the following will you put into box 2?

Q76. Which of the following will you put into box 8?

Q77. In an emergency situation, put the following phases into chronological order as to when they would be activated 1) disaster recover plan 2) incident response 3) business continuity plan

Q78. Company X is a large company which is traded on the UK stock exchange. According to the Companies (Miscellaneous Reporting) Regulations 2018- is it obligatory for Company X to follow a Corporate Governance Code?

Q79. Which of the following models would be used to explore internal and external risks to a business?

Q80. There are three main areas where third party suppliers are used in risk management. What are they?

Q81. Which of the following are key areas of ISO 26000 Social Responsibility? Select THREE.

Q82. Which of the following statements about binomial distribution are true? Select THREE

Q83. When would a company use the Stakeholder Salience Model?

Q84. The CBCI and DBCI are professional qualifications in which area?

Q85. Which of the following statements about FIDIC Contracts are true? Select TWO:

Q86. The USA Foreign Corrupt Practices Act (FCPA) is further reaching than the UK’s Bribery Act 2010. Is this statement true?

Q87. Which of the following will you put into box 5?

Q88. Which of the following is an example of hedging?

Q89. Which of the following is an internal risk for a company?

Q90. Which of the following will you put into box 5?