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CIPS Updated L4M6 Exam Questions and Answers by milena

Page: 13 / 19

CIPS L4M6 Exam Overview :

Exam Name: Supplier Relationships
Exam Code: L4M6 Dumps
Vendor: CIPS Certification: CIPS Level 4 Diploma in Procurement and Supply
Questions: 263 Q&A's Shared By: milena
Question 52

In the STEEPLED framework, which of the following is an economic factor?

Options:

A.

Unemployment rates

B.

Demographics

C.

Supply chain labor standards

D.

Election results

Discussion
Question 53

A vehicle company has a partnering relationship with the manufacturer of its engines. The manufacturer is considered a key partner and is already involved in product development at the vehicle company in several strategic projects. The car company and engine manufacturer have integrated systems for a just-in-time (JIT) delivery. Is this an example of a significant integration partnership?

Options:

A.

No, it is an example of a less time-intensive partnership

B.

No, as there is a short-term focus on the relationship

C.

Yes, as this is an example of a target costing approach

D.

Yes, because it includes elements of joint product development

Discussion
Question 54

Which of the following are value-added benefits? Select THREE that apply.

Options:

A.

Free training for all staff

B.

Storage of raw materials

C.

Customer service hotline

D.

Expert consulting services

E.

Paperwork between departments

F.

Quality control team

Discussion
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Question 55

When outsourcing, which legislation details the rights of employees who may find themselves now working for the outsourcing company?

Options:

A.

ITT

B.

PCR 2015

C.

OJEU

D.

TUPE

Discussion
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