Cips dumpspedia pearson L4m6 New Attempt by Jorgie q96 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:	180 Q&A's	Shared By:	jorgie

Question 24

What is a disadvantage of including qualitative KPIs into a contract?

Options:

They can lead to poor supplier performance

They pull focus from the more important quantitative KPIs

They are hard to measure

They make the buyer seem weak

Discussion

Question 25

A supplier is working with a buyer who represents a large percentage of his business. Without this particular buyer, the supplier would likely go out of business. There has been a dispute in the last invoice which the buyer is not happy about. What technique should the supplier use when talking to the buyer about this?

Options:

Competing- the supplier needs to earn more money as they are struggling financially

Avoiding- the supplier should avoid talking with the buyer as this may result in conflict

Accommodating- the supplier should show a large degree of co-cooperativeness as the buyer is important to their survival

Accepting – the supplier should accept that conflict should sometimes occur in buyer: supplier relationships and work hard to avoid them

Discussion

Question 26

Partnership sourcing is often considered a ‘high-risk’ strategy for a buyer. Which of the following is not a risk generally associated with partnership sourcing?

Options:

Sharing commercially sensitive data with another party

Single-sourcing may leave the buyer without a supply if the supplier goes into liquidation

Reduced waste in the supply chain

Supplier may become complacent

Discussion

Question 27

Which of the following would you use to qualify new suppliers? Select THREE.

Options:

commitment

clean

collection

cost

call

Discussion

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