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CIPS Updated L3M4 Exam Questions and Answers by margaret

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CIPS L3M4 Exam Overview :

Exam Name: Team Dynamics and Change
Exam Code: L3M4 Dumps
Vendor: CIPS Certification: CIPS Level 3 Advanced Certificate in Procurement and Supply Operations
Questions: 150 Q&A's Shared By: margaret
Question 32

Thinking about PEST, etc: under which heading would exchange rates and inflation fit?

Options:

A.

Political

B.

Technological

C.

Economic

D.

Social

Discussion
Question 33

Because services are intangible, the key performance indicators for services are likely to be qualitative in all circumstances. Is this statement correct?

Options:

A.

Yes, services cannot be owned nor stored and therefore their quantities are not measurable

B.

Yes, there are no possible units by which services can be measured because they are intangible

C.

No, although services are intangible, they can be measured in terms of time or space covered

D.

No, although services are intangible, they are measurable but only in qualitative terms

Discussion
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Elis Mar 14, 2026
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Question 34

Which of the following are benefits of using model form contracts? Select TWO that apply.

    Liability is greatly reduced for suppliers

    Suppliers can renegotiate terms more easily

    They improve contract consistency

    They are widely accepted in certain industries

Options:

A.

1 and 3

B.

1 and 2

C.

2 and 4

D.

3 and 4

Discussion
Question 35

'XXX theories of leadership are now largely discredited as a means of identifying team leaders'.

This quotation comes from the Profex Publishing textbook for this subject. Which word has XXX replaced?

Options:

A.

Trait

B.

Tres

C.

Tait

D.

Tray

Discussion
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