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CIPS Updated L4M2 Exam Questions and Answers by alicia

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CIPS L4M2 Exam Overview :

Exam Name: Defining Business Needs
Exam Code: L4M2 Dumps
Vendor: CIPS Certification: CIPS Level 4 Diploma in Procurement and Supply
Questions: 237 Q&A's Shared By: alicia
Question 48

A buyer is undertaking an analysis of the market. This analysis has focused on the relative power of the main buyers in the market. It has also focused on the changes in capacity available amongst the key suppliers in this market. Which of the following describes this analysis?

Options:

A.

Regulatory analysis

B.

Industrial analysis

C.

Demand and supply analysis

D.

Consumer analysis

Discussion
Question 49

Builder Inc is a rapidly expanding business in construction sector. Due to an increase in projects, it cannot manage the flow of materials by Excel spreadsheets but by more dedicated software. Who would be a key internal stakeholder in defining software compatibility with company's current system?

Options:

A.

Procurement team

B.

IT team

C.

Executive team

D.

Finance team

Discussion
Cody
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Dexter Oct 6, 2025
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Aliza
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Jakub Oct 5, 2025
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Question 50

Which of the following are the focuses of ISO 14001:2015?

Options:

A.

1. Life cycle

2. Process

3. Capacity

4. Information security

2 and 4 only

B.

1 and 2 only

C.

2 and 3 only

D.

3 and 4 only

Discussion
Question 51

Which of the following are characteristics of effective financial markets?

    Market stability is maintained

    Market volatility is encouraged

    Investment is encouraged

    The level of regulation is reduced

Options:

A.

3 and 4 only

B.

1 and 3 only

C.

2 and 4 only

D.

1 and 2 only

Discussion
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