Summer Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

CIPS Updated L4M2 Exam Questions and Answers by efan

Page: 16 / 22

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: 317 Q&A's Shared By: efan
Question 64

A procurement manager consolidates the company expense on printing and office supplies into broader range of spend category. Other senior managers are concerned that it may increase company’s spend. Is that concern justified?

Options:

A.

No, because the broader range of spend category can increase the value of the contract and the buyer may get volume discount

B.

Yes, because the consolidation may create a large contract that costs more than placing each purchase order

C.

No, because the consolidation will help the supplier to shorten deliver time.

D.

Yes, because the suppliers can’t provide a broader range of products and they will fail to deliver

Discussion
Honey
I highly recommend it. They made a big difference for me and I'm sure they'll help you too. Just make sure to use them wisely and not solely rely on them. They should be used as a supplement to your regular studies.
Antoni May 18, 2026
Good point. Thanks for the advice. I'll definitely keep that in mind.
Madeleine
Passed my exam with my dream score…. Guys do give these dumps a try. They are authentic.
Ziggy May 7, 2026
That's really impressive. I think I might give Cramkey Dumps a try for my next certification exam.
Hendrix
Great website with Great Exam Dumps. Just passed my exam today.
Luka May 1, 2026
Absolutely. Cramkey Dumps only provides the latest and most updated exam questions and answers.
Kingsley
Do anyone guide my how these dumps would be helpful for new students like me?
Haris May 12, 2026
Absolutely! They are highly recommended for anyone looking to pass their certification exam. The dumps are easy to understand and follow, making it easier for you to study and retain the information.
Lennox
Something Special that they provide a comprehensive overview of the exam content. They cover all the important topics and concepts, so you can be confident that you are well-prepared for the test.
Aiza May 16, 2026
That makes sense. What makes Cramkey Dumps different from other study materials?
Question 65

Which of the following are 'secondary sources' of data for costs and prices?

Industry press

Published economic indices

Trade fairs

Buyer's database on market data

Options:

A.

1 and 2 only

B.

2 and 3 only

C.

1 and 4 only

D.

3 and 4 only

Discussion
Question 66

Which of the following is the technology that disrupts traditional retail?

Options:

A.

Self-Driving Cars

B.

Blockchain

C.

E-commerce

D.

Robotics

Discussion
Question 67

The bargaining strength of suppliers is likely to be high in which of the following situations? Select TWO that apply:

Options:

A.

The buyer is educated on supply markets

B.

There is a limited number of suppliers in relation to buyers

C.

The buyer is large in size relative to the supplier

D.

The buyer spend is a high proportion of a supplier's revenue

E.

The buyer requirement is urgent

Discussion
Page: 16 / 22
Title
Questions
Posted

L4M2
PDF

$36.75  $104.99

L4M2 Testing Engine

$43.75  $124.99

L4M2 PDF + Testing Engine

$57.75  $164.99