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[General] L5M9 Dump Collection - L5M9 Free Practice Exams

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【General】 L5M9 Dump Collection - L5M9 Free Practice Exams

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CIPS Operations Management Sample Questions (Q64-Q69):NEW QUESTION # 64
Blue Slipper Ltd is a multi-national organisation that produces a variety of cosmetic products. A team has been put together to create a strategy for the Marketing Department in order to increase sales and thus profitability. What level of strategy is being created?
  • A. operational level strategy
  • B. business level strategy
  • C. functional level strategy
  • D. corporate level strategy
Answer: C
Explanation:
The correct answer is functional level strategy as Marketing is a function within the business. P.32 discusses the three levels of strategy: corporate (whole organisation), business level (divided by business unit such as lipsticks, mascara etc) and function (divided by department such as marketing, operations and HR). The last option is made up.

NEW QUESTION # 65
What is the end purpose of introducing a Total Quality Management process to the operations department of an organisation?
  • A. customer satisfaction
  • B. increasing market share
  • C. zero defects
  • D. reducing costs
Answer: A
Explanation:
The overarching goal of TQM is customer satisfaction. This is from p.105. There are a lot of questions in the exam on TQM so do revise this section

NEW QUESTION # 66
The Balanced Scorecard is a performance management approach which looks at measuring four areas of a business. Of those listed below, which is not an area traditionally measured within the Scorecard?
  • A. finance
  • B. customer
  • C. environment
  • D. business processes
Answer: C
Explanation:
Environment is not traditionally measured- the other missing criteria is learning and development. This is an approach developed by Kaplan and Norton and there's often at least one question in the exam on this. I recommend learning this as it does also come up in other modules at Level 5 too. For a rounded view of the Balanced Scorecard framework check out this YouTube video: https://www.youtube.com/watch?v=lGJ-25hikHA

NEW QUESTION # 67
Continuous Operations is a manufacturing methodology which is driven by forecasted customer numbers and has a low level of work-in-progress inventory. Is this true?
  • A. yes- in continuous operations there is a high level of standardisation
  • B. no- in continuous operations actual customer numbers are used
  • C. yes- in continuous operations there is a low level of automation
  • D. no- in continuous operations there is a high level of work-in-progress inventory
Answer: A
Explanation:
Firstly, look to see if the statement is true or false. It is true (this is taken from the table comparing continuous operations to intermittent operations on p.15). Therefore you can automatically discount options 3 and 4. Between 1 and 2, option 1 is incorrect as there is a high level of automation in continuous operations.

NEW QUESTION # 68
In the Balanced Scorecard approach to measuring performance measures, which of the following is considered a 'hard parameter'?
  • A. learning and growth
  • B. customer
  • C. financial
  • D. business processes
Answer: C
Explanation:
Finance is the 'hard' parameter, and the other three are soft p.79. If you've not come across the Balanced Scorecard before this is one that's worth learning as it comes up in other modules at Level 5. I particularly like this YouTube video which explains the concept extremely well: https://www.youtube.com/watch?v=lGJ-25hikHA

NEW QUESTION # 69
......
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