Cips prepway cips Level 4 Diploma In Procurement And Supply L4m6 Release Date by Siena q12 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:	243 Q&A's	Shared By:	siena

Question 44

According to Mendelow, there are four ways stakeholders can be managed, depending on the amount of power they have, and how interested they are in your project. What are these four categories?

Options:

Keep satisfied, keep informed, minimal effort, no effort

Manage closely, manage loosely, keep satisfied, keep informed

Minimal effort, manage closely, keep informed, keep satisfied

Keep informed, keep happy, keep satisfied, keep notified

Discussion

Question 45

Within a supplier's terms and conditions, they have a 'mutual termination for convenience' clause, which requires either party to provide 30 days' notice. Before the buyer signed the agreement, a procurement colleague recommended that the buyer should request this be amended to 90 days' notice. Was this amendment the correct thing to do?

Options:

Yes, as this will allow the buyer enough time to mobilize a new contract

Yes, as the buyer will then be responsible for providing additional business to the supplier

No, as this will be in breach of statutory contract law requirements

No, as this will guarantee a hostile end to the buyer-supplier relationship

Discussion

Question 46

Which of the following are valid strategies for dealing with conflict? Select THREE

Options:

Competing

Collecting

Contesting

Compromising

Collaborating

Discussion

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Question 47

Early Supplier Involvement can be described as a collaborative relationship between a buyer and a supplier to develop a new project. Handfield’s model describes four different levels of supplier involvement ranging from none to ‘black box’ (which is when the design is primarily driven by the supplier. What other level features on this model?

Options:

Blue Box – when the buyer creates the product without input from the supplier

Red Box- when the supplier provides legal advice to the buyer on areas such as copywrite

White Box – when there is informal integration and the buyer consults with a supplier on a design

Grey Box – when the involvement is buyer driven