CIPS Exam L5M2 Topic 1 Question 21 Discussion

Actual exam question for CIPS's L5M2 exam

Question #: 21
Topic #: 1

[All L5M2 Questions]

Which of the following is an internal risk for a company?

Asupplier's factory burns down

Bexchange rate fluctuations

Cgovernment policy changes

Dlack of available personnel

Show Suggested Answer

Suggested Answer: C

The correct answers are as follows:

by Alpha at Oct 19, 2023, 10:15 AM

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Christa

1 months ago

You know, if the supplier's factory burns down, the company could always just send in their elite team of firefighting llamas. Problem solved!

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Rebecka

2 days ago

A) supplier's factory burns down

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I hear the company's HR department is considering hiring a team of trained chimpanzees to handle the personnel shortage. It's a bold strategy, but I'm sure it'll work out just fine. What could possibly go wrong?

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Lorean

8 days ago

C) government policy changes

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Howard

25 days ago

B) exchange rate fluctuations

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Ruthann

1 months ago

A) supplier's factory burns down

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Nenita

2 months ago

Internal risk, huh? I'd have to say 'D' is the way to go. Unless the company has a secret army of clones waiting in the wings, a lack of personnel is definitely an internal issue they need to address.

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Agustin

2 months ago

Hmm, this one's tricky. I'm leaning towards 'D' as well, but I can see how 'A' could also be considered an internal risk if the company has a close relationship with the supplier. Decisions, decisions...

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Glen

4 days ago

True, 'A' could also pose a risk depending on the company's relationship with the supplier.

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Ivan

6 days ago

I see your point, but I still think 'A' could be considered an internal risk too.

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Francesco

14 days ago

I agree, 'D' seems like a significant internal risk.

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Silvana

1 months ago

I think 'D' is the best choice for internal risk.

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Luis

2 months ago

I'm going with 'B' on this one. Exchange rate fluctuations can have a big impact on a company's finances, and those are definitely out of their direct control.

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Nichelle

27 days ago

Yeah, it's a risk that can be hard to predict and manage.

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Yvonne

1 months ago

I agree, exchange rate fluctuations can really throw off a company's budget.

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Kattie

2 months ago

I'd say 'D' is the correct answer. Internal risks are those factors within the company's control, and a lack of available personnel definitely falls into that category.

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Buck

2 months ago

But what about government policy changes, that can also be an internal risk if not managed properly.

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Jill

2 months ago

I agree with Elvis, it's something the company can control.

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Elvis

3 months ago

I think lack of available personnel is an internal risk.

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CIPS Exam L5M2 Topic 1 Question 21 Discussion

Contribute your Thoughts:

Christa

Rebecka

Olga

Lorean

Howard

Ruthann

Nenita

Agustin

Glen

Ivan

Francesco

Silvana

Luis

Nichelle

Yvonne

Kattie

Buck

Jill

Elvis