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L6M7 Valid Test Guide | Official L6M7 Practice Test

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CIPS L6M7 Exam Syllabus Topics:

Topic
Details

Topic 1

Understand the concept of big data in the global supply chain: This section of the exam measures the skills of Supply Chain Managers and covers understanding big data's role in enhancing supply chain operations. It evaluates how big data transforms procurement and supply functions by leveraging large volumes of diverse data, focusing on skills like "Data Trend Analysis.

Topic 2

Understand data integrity and its impact on procurement and supply: Targeting IT Security Officers, this section focuses on ensuring that all collected information remains accurate (data integrity) while maintaining confidentiality through legal frameworks like GDPR. It assesses strategies for managing disruptions, such as system redundancy.

Topic 3

Understand the impact of cyber security on procurement and supply: This part targets Cybersecurity Experts, exploring how cyber threats affect supply chains by compromising sensitive information through vulnerabilities in software or networks. It involves evaluating technologies to secure systems effectively, emphasizing "Secure Data Transmission.

CIPS Commercial Data Management Sample Questions (Q20-Q25):

NEW QUESTION # 20
What is the benefit of an organisation using blockchain in data management?

A. Data cannot be modified
B. Data is stored centrally
C. It is organisation-specific
D. It allows data to be changed easily

Answer: A

Explanation:
Blockchain ensures data integrity by preventing modifications. If changes are needed, new blocks are added instead of altering existing ones. This enhances transparency and security, as blockchain is decentralized and not vulnerable to a single point of failure. (P.189)

NEW QUESTION # 21
Henry is the Head of IT at Purple Rain Ltd and is presenting a case to the Senior Leadership Team to ask for more investment in the company's IT strategy. Henry believes the company has an issue with data resilience and is asking for more money to be invested in this. He has completed a Business Impact Assessment (BIA) to better understand what data the company holds. Jon is the Head of Procurement and has listened intently to Henry's presentation. He has decided to go back to his department and complete a thorough risk assessment, as he is aware his team holds a lot of data on suppliers and contracts. The CEO of Purple Rain, Roger Nelson, has asked Henry about next steps in order to protect the company from further risks associated with the IT strategy. Data is currently stored on servers located at Purple Rain's Headquarters. The server room is locked at all times of the day and is only accessible to staff members who have a key. The building itself is extremely secure with CCTV systems located both inside the server room and outside it. However, the server room is prone to overheating.
What would Procurement's main concern be?

A. Delays to the launch of new products
B. Customer dissatisfaction
C. Contractual penalties
D. Loss of sales

Answer: C

Explanation:
Procurement's primary concern is contractual penalties, as the case study focuses on suppliers and contracts. While delays, lost sales, and customer dissatisfaction are all potential impacts of data disruption, the most immediate risk for procurement is failing to meet contractual obligations. (P.104)

NEW QUESTION # 22
Arnold Park is the UK's leading second-hand car retailer. Customers can purchase cars either at a retail outlet or online. Since the cost of purchase is generally high for the average customer, Arnold Park offers various payment options, including loans.
Arnold Park collects many different types of data on cars and its customers. Which of the following is it most likely to get from a third-party data provider?

A. Customer satisfaction scores
B. Most popular makes and models
C. Credit ratings
D. Average cost of a car in 2019

Answer: C

Explanation:
Credit ratings are obtained from third-party financial institutions, as Arnold Park does not have direct access to this information. The other options relate to data that Arnold Park can collect internally.

NEW QUESTION # 23
What is the correct order of the 'Fetch-Execute' Cycle?

A. Fetch, Execute, Decode, Store
B. Fetch, Store, Decode, Execute
C. Fetch, Decode, Execute, Store
D. Fetch, Execute, Store, Decode

Answer: C

Explanation:
The correct order is Fetch, Decode, Execute, Store. Fetch (find the instruction), Decode (understand it), Execute (carry out the operation), and Store (save the result). A computer can run this cycle over 2.5 million times per second!

NEW QUESTION # 24
Oliver has recently purchased some USB drives for his team. These are small portable storage devices that can hold dat a. He has sought assurances from the manufacturer that these are safe to use and do not contain viruses. Which of the following should he receive?

A. Evidence the packaging has not been tampered with
B. Evidence of quality assurance testing
C. A guarantee
D. A warranty

Answer: B

Explanation:
The manufacturer should provide evidence that the USB devices have been quality assured prior to purchase. Options A and B are incorrect because these relate to the items being fit for purpose for the next couple of years, rather than ensuring there isn't any virus on them now. Option D is also incorrect because it's possible for viruses to be installed on the device before it's packaged. P.177 Domain: 3.2

NEW QUESTION # 25
......

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