Cips crack4sure l4m6 Actual Questions by Vincenzo q24 vce pdf

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Exam Name:	Supplier Relationships
Exam Code:	L4M6 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	226 Q&A's	Shared By:	vincenzo

Question 40

The Public Sector in the UK is unable to enter into formal partnership relationships with any supplier. Is this statement TRUE?

Options:

Yes- the Public Sector is regulated by EU procurement regulations which prohibits this

Yes- the Public Sector is unable to enter partnerships because they operate in a monopoly market

No- the Public Sector can enter into partnership relationships with suppliers providing they have tendered the opportunity

No- the Public Sector can enter into partnership relationships when contracts are over the threshold value.

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Question 41

Which one of the following is an advantage of early supplier involvement?

Options:

Supplier is responsible for all intellectual property risks

Large investment in supplier communications

Understanding of supplier capabilities

No need for supplier non-disclosure agreements

Discussion

Question 42

A company purchases products from a supplier that falls into the 'strategic' segment of the supply positioning grid. They are drawing up a formal partnership agreement with the supplier. The supplier views the company as core to their business. What would be an important clause to include in the agreement to help make sure the partnership worked in a fully collaborative way?

Options:

Force majeure

Continuous improvement

Time of the essence

Liquidated damages

Discussion

Question 43

Danny is procuring a new IT software, which he doesn’t know much about. He has done a bit of research on the internet but is still unsure how much he can expect to pay. What should be Danny’s next step?

Options:

Issue a RFI

Issue a RFQ

Issue an ITT

Issue an OJEU