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CIPS Updated L3M4 Exam Questions and Answers by archibald

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CIPS L3M4 Exam Overview :

Exam Name: Team Dynamics and Change
Exam Code: L3M4 Dumps
Vendor: CIPS Certification: CIPS Level 3 Advanced Certificate in Procurement and Supply Operations
Questions: 150 Q&A's Shared By: archibald
Question 12

‘Doing things for less cost’ is a description of:

Options:

A.

Effectiveness

B.

Efficiency

C.

Economy

Discussion
Question 13

A buyer is in the process of supporting colleagues internally in the drafting of a specification for a new product. They have limited personal knowledge of the product and of the market. They are at the very early stages of drafting the specification and are seeking to increase their knowledge, whilst at the same time, keeping their likely future needs a commercial secret at this stage. Which of the following would be the best method of achieving this?

Options:

A.

Interview staff from finance

B.

Advertising on a relevant online forum

C.

General networking at relevant trade events

D.

Issue a formal request for information

Discussion
Question 14

The view that workers are naturally lazy, avoid responsibility and are without ambition is in line with Theory (Douglas McGregor):

Options:

A.

Z

B.

X

C.

Y

D.

A

Discussion
Anaya
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Question 15

A buyer is using a framework agreement to purchase office furniture. The buyer invites the four suppliers listed on the framework to quote for the furniture; the winning bid is the lowest price. What would best describe this approach?

Options:

A.

Direct call-off

B.

Competitive tender

C.

Quotation exercise

D.

Mini competition

Discussion
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