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CIPS Updated L4M6 Exam Questions and Answers by romie

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CIPS L4M6 Exam Overview :

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: romie
Question 48

Which of the following relationship types are listed on the relationship spectrum?

    Partnership

    Contractual

    Transactional

    Conspiratorial

Options:

A.

2 and 3 only

B.

1 and 3 only

C.

1 and 2 only

D.

2 and 4 only

Discussion
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Question 49

Which of the following are advantages for the buyer in a partnership arrangement?

    Price stability

    Cost of relationship management

    Supplier complacency

    Cost savings achieved

Options:

A.

1 and 4 only

B.

1 and 2 only

C.

2 and 3 only

D.

2 and 4 only

Discussion
Question 50

Polly Manufacturing is a company which manufactures bicycle parts. It has several factories around the country and is one of the leading suppliers of wheels, bells and pedals. Which of the following is Polly Manufacturing likely to outsource? Select TWO options.

Options:

A.

Manufacturing of all bicycle parts

B.

Manufacturing of bells only

C.

Facilities Management

D.

Cleaning

Discussion
Question 51

Which of the following statements are true of a market place which is considered a 'perfect competition'? Select TWO.

Options:

A.

there are no barriers to entry

B.

suppliers are selling differentiated products

C.

competition is at its highest level possible

D.

competition is not strong

Discussion
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