Free PDF CIPS - Updated L6M7 - Commercial Data Management Valid Exam Cram

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CIPS L6M7 Exam Syllabus Topics:

Topic	Details
Topic 1	Understand the impact of cyber security on procurement and supply: This part targets Cybersecurity Experts, exploring how cyber threats affect supply chains by compromising sensitive information through vulnerabilities in software or networks. It involves evaluating technologies to secure systems effectively, emphasizing "Secure Data Transmission.
Topic 2	Understand the concept of big data in the global supply chain: This section of the exam measures the skills of Supply Chain Managers and covers understanding big data's role in enhancing supply chain operations. It evaluates how big data transforms procurement and supply functions by leveraging large volumes of diverse data, focusing on skills like "Data Trend Analysis.
Topic 3	Understand data integrity and its impact on procurement and supply: Targeting IT Security Officers, this section focuses on ensuring that all collected information remains accurate (data integrity) while maintaining confidentiality through legal frameworks like GDPR. It assesses strategies for managing disruptions, such as system redundancy.

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CIPS Commercial Data Management Sample Questions (Q63-Q68):

NEW QUESTION # 63
The use of data to predict future demand and adjust prices accordingly is known as what?

A. Data mining
B. Dynamic pricing
C. Price skimming
D. Data-enabled services

Answer: B

Explanation:
Dynamic pricing adjusts prices based on real-time data, such as airline ticket prices fluctuating based on demand. (P.98)

NEW QUESTION # 64
Fluffy Pillows Ltd has recently expanded its operations and has hired more staff. These staff will work remotely and because of this Fluffy Pillows Ltd is in need of buying and upgrading their IT systems. The CEO of Fluffy Pillows is examining the security of currently held data in preparation for the expansion and has recently completed a document which looks into what data is stored where and what the consequences would be if this data were to be stolen or corrupted. In his research he has found multiple data entries for the same information, which he believes could lead to inaccuracies in data reporting. He is also concerned that the data isn't being stored securely and is unsure whether he should retain some of the confidential personal details on employees who have left the business. He has decided that along with the introduction of new systems it is important that all members of staff at Fluffy Pillows are aware of the responsibilities of storing data correctly and the risks of cyber attacks.
What type of document has the CEO created?

A. Business Impact Assessment
B. Risk Assessment
C. Recovery Objectives Report
D. Requisition Form

Answer: A

Explanation:
This is a Business Impact Assessment because it talks about consequences. A Risk Assessment would look at the likelihood and severity of a security breach and would probably be done next. A Recovery Objectives Report would then be created after that if needed.

NEW QUESTION # 65
Green Pants Ltd has a lot of sensitive data around their unique designs for pants. Daniela, one of the designers, has noticed there is a weakness in their IT system, which means that data may be accessible to people outside the company. She would like the company to invest in software that can hide or disguise the data so that if it is ever stolen, the designs of the pants are not readable to others. What software is Daniela requesting?

A. Proxy
B. Encryption
C. Firewall
D. Authentication

Answer: B

NEW QUESTION # 66
Henry is the Head of IT at Purple Rain Ltd and is presenting a case to the Senior Leadership Team to ask for more investment in the company's IT strategy. Henry believes the company has an issue with data resilience and is asking for more money to be invested in this. He has completed a Business Impact Assessment (BIA) to better understand what data the company holds. Jon is the Head of Procurement and has listened intently to Henry's presentation. He has decided to go back to his department and complete a thorough risk assessment, as he is aware his team holds a lot of data on suppliers and contracts. The CEO of Purple Rain, Roger Nelson, has asked Henry about next steps in order to protect the company from further risks associated with the IT strategy. Data is currently stored on servers located at Purple Rain's Headquarters. The server room is locked at all times of the day and is only accessible to staff members who have a key. The building itself is extremely secure with CCTV systems located both inside the server room and outside it. However, the server room is prone to overheating.
What should Henry's next steps be?

A. Complete a Priority Assessment and Recovery Objectives
B. Contract a third-party cloud storage provider to manage the data on behalf of Purple Rain Ltd
C. Submit a budget request to increase the IT Security budget
D. Train all members of staff in the importance of password-protecting their work and the dangers of phishing

Answer: A

Explanation:
Given Henry's focus on data resilience, the next logical step is to complete a Priority Assessment and define Recovery Objectives. This will help identify which data and systems are most at risk and require immediate attention in the Data Resilience Plan. (P.105)

NEW QUESTION # 67
Oliver has recently purchased some USB drives for his team. These are small portable storage devices that can hold dat a. He has sought assurances from the manufacturer that these are safe to use and do not contain viruses. Which of the following should he receive?

A. Evidence the packaging has not been tampered with
B. A warranty
C. Evidence of quality assurance testing
D. A guarantee

Answer: C

Explanation:
The manufacturer should provide evidence that the USB devices have been quality assured prior to purchase. Options A and B are incorrect because these relate to the items being fit for purpose for the next couple of years, rather than ensuring there isn't any virus on them now. Option D is also incorrect because it's possible for viruses to be installed on the device before it's packaged. P.177 Domain: 3.2

NEW QUESTION # 68
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Free PDF CIPS - Updated L6M7 - Commercial Data Management Valid Exam Cram

CIPS L6M7 Exam Syllabus Topics:

L6M7 Valid Exam Cram | 100% Free Valid Reliable Commercial Data Management Test Forum

CIPS Commercial Data Management Sample Questions (Q63-Q68):

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