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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
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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
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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