Cips chinesedumps l3m1 Exam Results by Artur q72 vce pdf

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CIPS L3M1 Exam Overview :

Exam Name:	Procurement and Supply Environments
Exam Code:	L3M1 Dumps
Vendor:	CIPS	Certification:	CIPS Level 3 Advanced Certificate in Procurement and Supply Operations
Questions:	90 Q&A's	Shared By:	artur

Question 24

The primary objective of a private sector organisation is...

Options:

To boost national prestige

To make profit

To provide services

To create jobs

Discussion

Question 25

Which one of the following is a document issued by a buyer to conduct an initial assessment of the suitability of a potential supplier for possible future use, either for a specific requirement or to add to a list of approved suppliers?

Options:

Pre-qualification QUESTION NO:naire

Invitation to tender

Supplier quotation

Request for quotation

Discussion

Question 26

Which of the following would not be part of the not-for-profit sector?

Options:

Trade unions

A religious organisation, such as a church or a mosque

Professional bodies such as CIPS

A local independent supermarket

Discussion

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Question 27

A market situation where there is only one buyer in the marketplace is called:

Options:

Perfect competition

Oligopoly

Monopoly

Monopsony