Free CIPS L4M2 Exam Questions
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CIPS L4M2 Exam Questions
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Provided By: CIPS
- Exam: Defining Business Needs
- Certification: CIPS Certification
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Total Questions: 305
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Updated On: Feb 20, 2025
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Rated: 4.9 |
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Online Users: 610
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Question 1
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When developing a business case for a new product, a procurement department must consider...
Answer: B
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When developing a business case for a new product, a procurement department must consider...
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Question 2
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A supplier of software has received a request to quote for a product. The software supplier considers
that the buying organisation making the request provides relatively little benefit or alignment to their
own strategy. Which one of the following options describes how the supplier might react to the buyer?
Answer: A
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A supplier of software has received a request to quote for a product. The software supplier considers
that the buying organisation making the request provides relatively little benefit or alignment to their
own strategy. Which one of the following options describes how the supplier might react to the buyer?
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Question 3
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What issue is a buyer most likely to experience if the technical specification sent to suppliers as part of a
Request For Quotation (RFQ) is insufficient?
Answer: C
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What issue is a buyer most likely to experience if the technical specification sent to suppliers as part of a
Request For Quotation (RFQ) is insufficient?
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Question 4
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Which of the following factors would mean a buyer had high bargaining power in a competitive market?
Select TWO that apply.
Answer: A,D
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Which of the following factors would mean a buyer had high bargaining power in a competitive market?
Select TWO that apply.
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Question 5
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When developing a business case for a new product, a procurement department must consider...
Answer: B
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When developing a business case for a new product, a procurement department must consider...