Cips dumpsboss changed L4m6 Exam Questions by Milena q120 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:	milena

Question 52

A buyer should concentrate their efforts on managing the start and onboarding stage of a supplier relationship by ...

Keeping all information and plans confidential from the supplier

Pre-qualifying and assessing the supplier's capability

Focusing solely on the buying organisation's goals

Building a positive and trusting relationship

Options:

1 and 2

1 and 3

3 and 4

2 and 4

Discussion

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Question 53

Which of the following are considered part of the '5 Rights of Procurement'? Select THREE.

Options:

place

quality

cost

focus

time

Discussion

Question 54

Grey Stone Memorial Hospital is a private medical facility which has an idea for a vaccine to a deadly disease, but does not have the capacity to make the vaccine itself. It is considering partnering with a well-known pharmaceutical company in order to bring the vaccine to market. What is the biggest risk to Grey Stone?

Options:

Intellectual Property Rights

Increased Costs

Low quality product

Uninformed stakeholders

Discussion

Question 55

Robbie is a procurement manager at a public sector organisation. He is running a tender which is worth £2m and so will advertise this on OJEU. His manager has reminded Robbie to include CPV codes on the tender. What purpose would this serve?

Options:

To ensure suppliers know the deadline for tender submission

To ensure suppliers can find the opportunity

To ensure more suppliers bid for the tender

To ensure only qualified suppliers bid for the tender