L6M7 UPDATED QUESTIONS–FULFILL YOUR DREAM OF BECOMING CIPS CERTIFIED

L6M7 Updated Questions–Fulfill Your Dream of Becoming CIPS Certified

L6M7 Updated Questions–Fulfill Your Dream of Becoming CIPS Certified

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Tags: Valid L6M7 Exam Cost, Guaranteed L6M7 Success, Questions L6M7 Pdf, Reliable L6M7 Exam Testking, L6M7 Relevant Questions

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CIPS Commercial Data Management Sample Questions (Q56-Q61):

NEW QUESTION # 56
Freddy is a Procurement Manager at XYZ Ltd. He has heard about Artificial Intelligence and is researching how this could be used to make his department more efficient. He acknowledges that there would be a cost implication to implement this type of technology but what else must Freddy have in order for AI to be used to its full potential?

  • A. A large team to train the AI to do their jobs
  • B. The 3Vs
  • C. Access to Big Data
  • D. Data to train an algorithm

Answer: D

Explanation:
AI requires data to train algorithms, such as past orders, suppliers, and supplier performance data. The 3Vs relate to Big Data, but AI does not necessarily require Big Data. (P.17-18)


NEW QUESTION # 57
BI (Business Intelligence) can be used in the Procurement and Supply function to display which of the following data? Select ALL that apply

  • A. How much money has been saved by introducing e-procurement tools since 2017
  • B. Why supplier Y was awarded the new contract for packaging
  • C. What % of invoices have been paid on time
  • D. How much money has been spent with Supplier X since 2015
  • E. How many staff have achieved MCIPS

Answer: A,C,D,E

Explanation:
BI tools display quantitative data (numbers and figures). Option D is incorrect because it is qualitative and subjective. (P.39)


NEW QUESTION # 58
What is the benefit of an organisation using blockchain in data management?

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

Answer: C

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 # 59
Joe is a Supply Chain Manager at Crunchy Lettuce Incorporated and is responsible for multiple sets of data on aspects of the business, including suppliers, customers, and manufacturing processes. Joe is aware that the integrity of his data is extremely important as, without accurate data, he is unable to plan effectively for future orders and deliveries.
Which of the following are ways in which data integrity can be affected? Select THREE.

  • A. Omission
  • B. Commission
  • C. Manipulation
  • D. Corrosion
  • E. Corruption

Answer: A,B,C

Explanation:
Commission: Data is mistakenly created, such as duplicate records.
Omission: Data is accidentally deleted or not recorded.
Manipulation: Data is changed incorrectly, such as an extra zero added to a value.
Corruption is not included because it refers to data being unreadable or damaged rather than integrity being affected by an internal process. Corrosion refers to metal deterioration and is unrelated to data.


NEW QUESTION # 60
Which of the following is an example of a data-enhanced product?

  • A. An airline that changes the price of flights depending on demand
  • B. An air-conditioning unit in a hot warehouse
  • C. A third-party cloud storage system
  • D. A fridge that can recommend recipes based on the contents inside it

Answer: D

Explanation:
A data-enhanced product is a physical product that incorporates data-driven functionality to provide additional features. A smart fridge that suggests recipes based on its contents is an example, as it uses data to enhance user experience.


NEW QUESTION # 61
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