ServiceNow Exam CIS-VRM Topic 1 Question 23 Discussion

Actual exam question for ServiceNow's CIS-VRM exam

Question #: 23
Topic #: 1

[All CIS-VRM Questions]

Which of the following is an objective of Vendor Risk Management? (Choose two.)

ATo help vendors improve their security posture and preparedness

BTo assess and manage the risk from interactions with vendors and third parties

CTo help negotiate the best possible price for a product or service from the vendor

DTo verify that vendors have adequate measures and processes in place to ensure profitability of vendor

Show Suggested Answer

Suggested Answer: A, E

by Reita at Apr 24, 2024, 05:36 PM

Limited Time Offer

25%

Off

Get Premium CIS-VRM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

In

1 months ago

Option D - 'To verify that vendors have adequate measures and processes in place to ensure profitability of vendor'. Clearly, the exam writer has a keen eye for vendor comedy!

upvoted 0 times

...

Rachael

2 months ago

I'm going with A and B. C and D are just silly - this isn't about haggling or checking the vendor's books.

upvoted 0 times

Nicolette

15 days ago

It's important to focus on assessing and managing risk with vendors, not negotiating prices or checking their profitability.

upvoted 0 times

...

Oren

1 months ago

C and D are definitely not the main goals of Vendor Risk Management.

upvoted 0 times

...

Phil

1 months ago

I agree, A and B are the correct objectives for Vendor Risk Management.

upvoted 0 times

...

Junita

2 months ago

Definitely A and B. Gotta make sure those vendors have their security act together before we let them anywhere near our data.

upvoted 0 times

...

Cammy

2 months ago

Haha, D? Really? Profitability? Vendor Risk Management is about minimizing risks, not maximizing vendor profits!

upvoted 0 times

Lorean

1 months ago

A) To help vendors improve their security posture and preparedness

upvoted 0 times

...

Pauline

2 months ago

A and B seem like the right objectives for Vendor Risk Management. Helps assess and manage vendor risks, not just get the best price.

upvoted 0 times

Sherrell

1 months ago

B) To assess and manage the risk from interactions with vendors and third parties

upvoted 0 times

...

Sherrell

2 months ago

A) To help vendors improve their security posture and preparedness

upvoted 0 times

...

Chau

2 months ago

I believe another objective is to help vendors improve their security posture and preparedness. This can ultimately benefit both parties in the long run.

upvoted 0 times

...

Brandee

2 months ago

I agree with Deeanna. It's important to ensure that vendors have adequate measures in place to mitigate risks.

upvoted 0 times

...

Deeanna

2 months ago

I think the objective of Vendor Risk Management is to assess and manage the risk from interactions with vendors and third parties.

upvoted 0 times

...