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CIPS Updated L4M6 Exam Questions and Answers by elisei

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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: 243 Q&A's Shared By: elisei
Question 28

Which of the following are typical examples of partnering between companies? Select the TWO that apply.

Options:

A.

Sole trader

B.

Limited company

C.

Joint venture

D.

Strategic alliance

E.

Public limited company

Discussion
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Question 29

Joseph works as a category manager for a large electricity supply company. His company is one of six electricity companies in the country. All have a high annual spend on the same specifications of cable. There are only five cable manufacturers capable of supplying the cables. Joseph has established all the suppliers use the same raw materials using the same types of manufacturing lines. Prices tendered by all suppliers are very similar. After paying for the cable, Joseph’s company spends an additional 25% on moving and installing the cable. In order to enable Joseph to gain advantage over the other electricity companies, which type of supplier relationship should he adopt?

Options:

A.

Single-sourced

B.

Closer tactical

C.

Transactional

D.

Partnership

Discussion
Question 30

Under which circumstances would a partnership sourcing approach be used?

Options:

A.

1 and 2 only

B.

1 and 3 only

C.

1 and 4 only

D.

2 and 4 only

Discussion
Question 31

Mendelow’s Stakeholder Matrix categorises stakeholders into four groups and provides insight into how these stakeholders should be managed. What is a limitation to using this Matrix to categorise stakeholders?

Options:

A.

Nowadays, Stakeholders fall into more than four categories

B.

The Matrix doesn’t consider the power these stakeholders have

C.

The Matrix doesn’t consider whether the stakeholder is for or against the activity

D.

The categories are hard to remember

Discussion
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