Free Online CIPS L6M2 Practice Test

Explain, with examples, why supply and demand fluctuate in the commodities market

How confident do you feel answering this question?

XYZ is a large manufacturing organisation which employs 200 skilled staff in its factory in Bolton. It has a large global supply chain with raw materials sourced from Asia and Africa. Discuss five areas of policy that can affect the people working in the supply chain

How confident do you feel answering this question?

XYZ is a toilet paper manufacturer based in the UK. It has 2 large factories employing over 500 staff and a complex supply chain sourcing paper from different forests around the world. XYZ is making some strategic changes to the way it operates including changes to staffing structure and introducing more automation. Discuss 4 causes of resistance to change that staff at XYZ may experience and examine how the CEO of XYZ can successfully manage this resistance to change

How confident do you feel answering this question?

Discuss the difference between a merger and an acquisition. What are the main drivers and risks associated with this approach to growth compared to an organic development strategy?

How confident do you feel answering this question?