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CIPS L4M2 Exam With Confidence Using Practice Dumps

Exam Code:
L4M2
Exam Name:
Defining Business Needs
Vendor:
Questions:
237
Last Updated:
Apr 26, 2025
Exam Status:
Stable
CIPS L4M2

L4M2: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Defining Business Needs Questions and Answers

Question 1

Which of the following activities are considered as primary activities of an organization according to Porter's value chain? Select TWO that apply:

Options:

A.

Maintenance

B.

Picking and delivery components

C.

Sourcing transportation services

D.

Trainees recruitment

E.

Assembly design

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Question 2

A hospital extensively spends on medical and implantable devices, medical, surgical and pharma-ceutical supplies, costs of supplies related to buildings and maintenance operations. Hospital’s procurement manager suggests that the hospital has an opportunity to reduce operational costs by reducing variation of medical devices and pharmaceutical supplies. Which of the following best describe the procurement manager's suggestion?

Options:

A.

Process standardisation

B.

Product standardisation

C.

Value engineering

D.

Process re-engineering

Question 3

Which of the following would be considered to be direct costs? Select TWO that apply:

Options:

A.

Production materials

B.

Head office salaries

C.

Company car depreciation

D.

Manufacturing staff wages

E.

Buildings insurance