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Free CIPS L5M4 Exam Questions

Try our Free Demo Practice Tests for Comprehensive L5M4 Exam Preparation

  • CIPS L5M4 Exam Questions
  • Provided By: CIPS
  • Exam: CORE Level 5 Advanced Contract & Financial Management
  • Certification: Level 5 Advanced Diploma in Procurement and Supply
  • Total Questions: 40
  • Updated On: Sep 26, 2024
  • Rated: 4.9 |
  • Online Users: 80
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  • Question 1
    • Explain what is meant by a ‘commodity’ and why prices of commodities can be characterised as ‘volatile’
      How confident do you feel answering this question? 1- Not confident at all 2- I don't know the topic well - I could write a couple of sentences 3- I'm okay with this topic - I could write a couple of paragraphs 4- I'd be happy with this question, but I'm not an expert 5- Extremely confident- I know a lot about this topic

      Answer: A,C
  • Question 2
    • Organisational Strategies can be formed at three different levels within a business. Outline these three levels and explain the benefits of strategy alignment within an organisatio
      How confident do you feel answering this question? 1- Not confident at all 2- I don't know the topic well - I could write a couple of sentences 3- I'm okay with this topic - I could write a couple of paragraphs 4- I'd be happy with this question, but I'm not an expert 5- Extremely confident- I know a lot about this topic

      Answer: A,C,D
  • Question 3
    • Describe 5 parts of the analysis model, first put forward by Porter, in which an organisation can assess the competitive marketplace.
      How confident do you feel answering this question? 1- Not confident at all 2- I don't know the topic well - I could write a couple of sentences 3- I'm okay with this topic - I could write a couple of paragraphs 4- I'd be happy with this question, but I'm not an expert 5- Extremely confident- I know a lot about this topic

      Answer: A,C,D
  • Question 4
    • John is looking at the potential of three different projects and is considering the Return on Investment. What is meant by this, and what are the benefits and disadvantages of using this method? You should base your response on the information below (25 points)
      2022-06-26-16-13-53-3bdadc391985f48c7fb0f01c103d2874
      How confident do you feel answering this question? 1- Not confident at all 2- I don't know the topic well - I could write a couple of sentences 3- I'm okay with this topic - I could write a couple of paragraphs 4- I'd be happy with this question, but I'm not an expert 5- Extremely confident- I know a lot about this topic

      Answer: A,D
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