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Advanced Contract & Financial Management

Last Update Apr 21, 2025
Total Questions : 43 With Methodical Explanation

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Last Update Apr 21, 2025
Total Questions : 43

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Last Update Apr 21, 2025
Total Questions : 43

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All CIPS Level 5 Advanced Diploma in Procurement and Supply Related Certification Exams


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Advanced Contract & Financial Management Questions and Answers

Questions 1

ABC Ltd wishes to implement a new communication plan with various stakeholders. How could ABC go about doing this? (25 points)

Options:

Questions 2

Describe what is meant by ‘Supply Chain Integration’ (8 marks). How would a buyer go about implementing this approach and what benefits could be gained from it? (17 marks).

Options:

Questions 3

What is the difference between competitive and non-competitive sourcing? (12 marks)

In which circumstances may a non-competitive sourcing approach be more appropriate? (13 marks)

Options: