Cips certsexpert download Full Version L4m6 Exam by Valentino q48 vce pdf

Page: 17 / 17

CIPS L4M6 Exam Overview :

Exam Name:	Supplier Relationships
Exam Code:	L4M6 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	243 Q&A's	Shared By:	valentino

Question 68

Intellectual Property Rights (IPR) include items such as copywrite and trademarks. A buyer is considering entering into a partnership with their supplier to create a new product which will be released in two years’ time. Should IPR be included into a contract between partners?

Options:

Yes- IPR should always remain with the buyer- this will protect those rights

Yes- IPR is a valid concern for both parties but will survive the termination of the agreement

No- a separate legal agreement should be created to cover IPR

No- a contract is not necessary if it is a partnership.

Discussion

Question 69

When a large organization partners with a small supplier to develop new technology, it is necessary for regular communication. Is this statement true?

Options:

No, because partnerships do not require regular communication during development of new technology

Yes, because partnerships require regular communication to succeed in meeting mutual objectives

Yes, because a small supplier must be told what to do and when, because they have fewer employees

No, because regular communication will stop a small supplier from doing their work

Discussion

Question 70

A 'restricted market' is likely to arise when the entry costs for new suppliers are prohibitively high, and levels of market profitability amongst existing suppliers may be relatively low. Is this a true statement?

Options:

No, entry costs are low in all markets due to technology, and this is increasing profitability significantly

Yes, these markets usually have only a small number of competent and capable suppliers

No, usually these markets have a regular flow of new suppliers entering them

Yes, new entrants are low; however, due to high competition, profit levels are always very high

Discussion

Esmae

I highly recommend Cramkey Dumps to anyone preparing for the certification exam.

Mollie Oct 19, 2025

Absolutely. They really make it easier to study and retain all the important information. I'm so glad I found Cramkey Dumps.

Osian

Dumps are fantastic! I recently passed my certification exam using these dumps and I must say, they are 100% valid.

Azaan Oct 21, 2025

They are incredibly accurate and valid. I felt confident going into my exam because the dumps covered all the important topics and the questions were very similar to what I saw on the actual exam. The team of experts behind Cramkey Dumps make sure the information is relevant and up-to-date.

Zayaan

Successfully aced the exam… Thanks a lot for providing amazing Exam Dumps.

Harmony Oct 9, 2025

That's fantastic! I'm glad to hear that their dumps helped you. I also used them and found it accurate.

Miriam

Highly recommended Dumps. 100% authentic and reliable. Passed my exam with wonderful score.

Milan Oct 15, 2025

I see. Thanks for the information. I'll definitely keep Cramkey in mind for my next exam.

Question 71

Which of the following are possible drivers for partnership sourcing? Select THREE.

Options:

The protection of intellectual property rights