Cips nwexams ace Your L4m4 Cips Level 4 Diploma In Procurement And Supply Exam by Orion q0 vce pdf

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Exam Name:	Ethical and Responsible Sourcing
Exam Code:	L4M4 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	282 Q&A's	Shared By:	orion

Question 48

Which of the following is a measure of liquidity?

Options:

Gearing

Return on Investment

Current Ratio

Total Asset Turnover

Discussion

Question 49

When conducting a competitive tender, is it appropriate to use a supplier's credit rating as a criteria for pre-section?

Options:

yes- because a low rating would have a negative impact on the company's reputation

yes- because a low rating would indicate the supplier is financially unstable

no- because a low rating would not affect the quality of the products supplied

no- because a low credit rating would have a negative impact on the supply chain

Discussion

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Question 50

A buyer of bakery and cereal products has tracked wheat prices. Severe weather has reduced wheat supply globally, but demand remains high. How can this research help the buyer?

Options:

Bakery produce is likely to be at a lower price as there is less wheat flour available

The price for wheat-based produce will not be affected as demand is still high

The buyer will be in a strong bargaining position to reduce prices

The buyer will find it difficult to negotiate a lower price for wheat-based ingredients

Discussion

Question 51

A buyer in the public sector has put an advert out asking for interested suppliers to express an interest in a potential tender activity to provide a facilities management contract to a hospital trust. The suppliers who have met that criteria are then sent a document detailing how they should submit their tender, how to price the opportunity, asks Questions relating to how they will deliver the service and gives a deadline for bids to be submitted. Which document have the suppliers ben sent?

Options:

Request for Quotation

Invitation to Tender

Invitation to Quote

Request for Tender