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CIPS L4M6 Exam With Confidence Using Practice Dumps

Exam Code:
L4M6
Exam Name:
Supplier Relationships
Vendor:
Questions:
180
Last Updated:
Jan 24, 2025
Exam Status:
Stable
CIPS L4M6

L4M6: CIPS Level 4 Diploma in Procurement and Supply Exam 2024 Study Guide Pdf and Test Engine

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Supplier Relationships Questions and Answers

Question 1

A partnership relationship can be described as any relationship between a buyer and supplier where there is a good level of communication and both parties are happy with each other’s performance. Is this statement TRUE?

Options:

A.

Yes- partnerships are characterised by strong relationships

B.

Yes- partnerships are the only relationship type where both parties are happy with each other’s performance

C.

No- good levels of communication can exist in other types of relationships

D.

No- only strategic relationships involve good levels of communication.

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Question 2

Which of the following are NOT one of the four key principles of procurement in the EU?

Options:

A.

Transparency

B.

Value for Money

C.

Non-Discrimination

D.

Proportionality

Question 3

Pablo has run an open- competition to secure a new contract for a supplier of paper for his Birthday Card making company. He has received 10 submissions from various suppliers and needs to put a team together to evaluate the bids. What type of team should Pablo consider?

Options:

A.

A team composed of internal stakeholders

B.

A cross-functional team

C.

A team of procurement experts

D.

A team composed of internal and external stakeholders