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CIPS Updated L4M6 Exam Questions and Answers by serenity

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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: 263 Q&A's Shared By: serenity
Question 64

Which circumstances make a buyer more attractive to the supplier?

Options:

A.

Where the brand profile is high

B.

When the buyer negotiates longer credit terms

C.

Where the buyer exercises a stringent code of conduct

D.

When the buyer is very procedural in its systems

Discussion
Question 65

Which of the following would be the most likely driver for a manufacturing organisation to consider partnership sourcing?

Options:

A.

The marketplace is stable and costs are decreasing

B.

To increase the number of suppliers

C.

Product life cycles are shortening

D.

Raw material prices are reducing

Discussion
Question 66

In the 1990s a company spent a lot of time and money developing a device that you could carry around that could play CDs. The product spent a long time in development but when it was released the sales figures were very disappointing. This was in part due to the fact another product was released at a similar time which had much more developed technology and could play music without the cumbersome size of a portable CD player. Which of the following did the company not consider when developing the product?

Options:

A.

threat of substitution

B.

threat of new entrant

C.

rivalry among existing competitors

D.

power of buyers

Discussion
Question 67

A printing company is seeking to start developing a digital solution for its customers. They will need to outsource this element of the business as it is not an area they have worked in. What would be the most effective way for them to approach the market for a digital partner?

Options:

A.

Cost-based review of the market

B.

Review existing suppliers only

C.

Early engagement with the whole market

D.

Pre-define all requirements before approaching the market

Discussion
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