NEED FOR CIPS L4M6 EXAM QUESTIONS IN YOUR PREPARATION

Need for CIPS L4M6 Exam Questions in Your Preparation

Need for CIPS L4M6 Exam Questions in Your Preparation

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The L4M6 exam dumps are real and updated L4M6 exam questions that are verified by subject matter experts. They work closely and check all L4M6 exam dumps one by one. They maintain and ensure the top standard of PremiumVCEDump CIPS Supplier Relationships (L4M6) exam questions all the time. The L4M6 practice test is being offered in three different formats. These L4M6 exam questions formats are PDF dumps files, web-based practice test software, and desktop practice test software.

To prepare for the CIPS L4M6 certification exam, candidates are encouraged to take relevant training courses and study materials. L4M6 exam consists of multiple-choice questions that assess the candidate's understanding of the key concepts and principles of supplier relationships. L4M6 exam is challenging and requires a high level of knowledge and understanding of procurement and supply chain management concepts. Passing the CIPS L4M6 Certification Exam demonstrates that the candidate has the necessary skills and knowledge to manage supplier relationships effectively and efficiently.

CIPS Supplier Relationships Sample Questions (Q101-Q106):

NEW QUESTION # 101
Under what circumstances should a competitive tender not be completed? Select TWO.

  • A. When the items are of low value
  • B. When there is not a clear specification
  • C. When there is a clear specifications
  • D. When the items are of high value

Answer: A,B

Explanation:
Note the word 'NOT' in the question. In order for a competitive tender to be successful, there should be a clear specification in place (i.e. you need to know what you want, in order for suppliers to bid for it).
Competitive tendering should also only be used for high value purchases; it's time consuming to do, so you wouldn't do it for low value items such as pens for the office. Therefore the correct answer to this question is
'items are of low value' and 'there isn't a clear specification'. There's a useful table on p.73 of when you would and wouldn't use a competitive tender.


NEW QUESTION # 102
Gabriel is a procurement manager who wishes to explore a new avenue to procure products for his company.
His manager has told him that he should invite internal stakeholders to a meeting to get their feedback. Who should Gabriel invite? Select THREE.

  • A. employees
  • B. customers
  • C. end-users
  • D. suppliers
  • E. legal department

Answer: A,C,E

Explanation:
Internal stakeholders are those who work within the business so include the legal department, employees and end-users. End-users mean those people and departments who will be using the product or service. For example if Gabriel is procuring new software- an end-user would be anyone who would be using that software (whether they're employees, volunteers or agencies). CIPS outlines types of stakeholders on p.64


NEW QUESTION # 103
The procurement department is sourcing new uniforms for its housekeeping team. Although the housekeeping team in itself doesn't hold a lot of power within the business, they have a high interest in the activity as it will be them who is wearing the items. When designing the specification, how should the procurement department manage the housekeeping team?

  • A. Keep them satisfied- they will be wearing the uniform so need to be happy with it
  • B. Minimal effort is required as they do not hold a lot of power in the business.
  • C. Keep them informed- it's important the housekeeping team know what's going on at each stage of the procurement
  • D. Manage them closely- they're key players in this procurement activity

Answer: C

Explanation:
The housekeeping team have low power and high interest. According to Mendelow's stakeholder matrix, this puts them in the bottom right corner which is 'keep informed'. See p.81 for more information


NEW QUESTION # 104
Kyle Grant is a procurement director at ATSS Ltd and has introduced a new policy within the procurement function. The policy requires the procurement function to obtain quotations from multiple suppliers if a contract is worth over £10,000. What is the primary aim of this policy?

  • A. To enable a reduction in competition
  • B. To ensure value for money is achieved
  • C. To deliver an agile process
  • D. To allow procurement to select the lowest price

Answer: B

Explanation:
Obtaining multiple quotations ensures value for money by comparing suppliers based on cost, quality, and other criteria. It promotes competitive pricing and informed decision-making.


NEW QUESTION # 105
When overcoming stakeholder resistance in a procurement-led project, which of the following groups would have the highest level of influence on other stakeholders?
* Negative leaders
* Silent opponents
* Supporters
* Promoters

  • A. 1 and 4 only
  • B. 2 and 3 only
  • C. 1 and 2 only
  • D. 3 and 4 only

Answer: A

Explanation:
In stakeholder management,Negative leadersandPromoterspossess high influence over others:
* Negative leaders: Individuals who oppose the project and can sway others against it due to their influence.
* Promoters: Advocates who support the project and can positively influence others.
Understanding these dynamics is crucial for effectively managing stakeholder resistance.
As highlighted in the CIPS study materials:
"Overcoming resistance- Promoters - They have a high influence on other stakeholders and support the project. They support and empower."


NEW QUESTION # 106
......

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