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Supplier Relationships

Last Update Dec 26, 2024
Total Questions : 180 With Methodical Explanation

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Last Update Dec 26, 2024
Total Questions : 180

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Last Update Dec 26, 2024
Total Questions : 180

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All CIPS Level 4 Diploma in Procurement and Supply Related Certification Exams


L4M1 Total Questions : 40 Updated : Dec 26, 2024
L4M2 Total Questions : 237 Updated : Dec 26, 2024
L4M3 Total Questions : 190 Updated : Dec 26, 2024
L4M4 Total Questions : 180 Updated : Dec 26, 2024
L4M5 Total Questions : 223 Updated : Dec 26, 2024
L4M7 Total Questions : 255 Updated : Dec 26, 2024
L4M8 Total Questions : 192 Updated : Dec 26, 2024

Supplier Relationships Questions and Answers

Questions 1

Which of the following factors would you use to analyse the macro-environment? Select THREE.

Options:

A.

social

B.

cultural

C.

political

D.

philosophical

E.

legislative

Questions 2

According to Michael Porter, what is procurement?

Options:

A.

a support activity which provides a source of competitive advantage

B.

a primary activity which provides a source of competitive activity

C.

a primary activity which provides value for money

D.

a secondary activity which provides value for money

Questions 3

Which of the following is a valid reason for ending a relationship with a supplier?

Options:

A.

the supplier delivered one delivery late

B.

force majeur

C.

the contract has ended

D.

the supplier has a new CEO who you don't like