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CIPS Global Logistics Strategy Sample Questions (Q48-Q53):

NEW QUESTION # 48
How do transacting parties commonly address potential conflicts of laws in international trade agreements?

A. By avoiding any legal clauses in their contracts
B. By relying on international arbitration exclusively
C. By deferring the choice of law to the distributor or buyer
D. By choosing the law of one of the transacting parties' home states

Answer: D

Explanation:
International trade agreements commonly specify the law of one of the transacting parties' home states to resolve legal conflicts effectively. [P-121]

NEW QUESTION # 49
What is a key consideration for organizations when determining the allocation of resources for reverse logistics activities?

A. Meeting government regulations
B. Maximizing profit margins
C. Reducing production costs
D. Satisfying customer preferences

Answer: D

Explanation:
Customer preferences and demands for environmental responsibility drive resource allocation in reverse logistics. [P-179]

NEW QUESTION # 50
A company is experiencing difficulties in managing supply chain complexity and information flow across multiple tiers of suppliers. Which strategy can help them address these challenges?

A. Focusing on competitive relationships with suppliers
B. Implementing layering and tiering in the supply chain network
C. Increasing the use of subcontractors
D. Eliminating all lower-tier suppliers

Answer: B

Explanation:
Layering and tiering help manage supply chain complexity by structuring supplier interactions and improving information flow. [P-34]

NEW QUESTION # 51
What forms can governmental incentives take to encourage investment in infrastructure and export industries in a region?

A. Grants and subsidies
B. All of the above
C. Tax credits and tax rebates
D. Tax holidays and investment allowances

Answer: B

Explanation:
Governmental incentives can take multiple forms, including grants, subsidies, tax credits, tax rebates, tax holidays, and investment allowances to promote infrastructure and export growth. [P-53]

NEW QUESTION # 52
What is the main characteristic of closed loop supply chains?

A. They minimize forward flows activities and processes.
B. They prioritize open-loop systems to reduce impacts on the environment.
C. They involve cyclical motions of both forward and reverse flows with minimal leakage or losses.
D. They consider only reverse flows activities from point of consumption to point of origin.

Answer: C

Explanation:
Closed loop supply chains are characterized by their design to consider both forward and reverse flows activities and processes in a cyclical motion with minimal leakage or losses. [P-144]

NEW QUESTION # 53
......

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Extraordinary CIPS L6M10 Exam Dumps To Pass The L6M10 Exam

Professional Reliable L6M10 Exam Guide & Leading Offer in Qualification Exams & Free Download L6M10: Global Logistics Strategy

CIPS Global Logistics Strategy Sample Questions (Q48-Q53):

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