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CIPS L4M6 Exam With Confidence Using Practice Dumps

Exam Code:
L4M6
Exam Name:
Supplier Relationships
Vendor:
Questions:
180
Last Updated:
Nov 23, 2024
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

In a partnership who is responsible for decision making?

Options:

A.

The project steering committee

B.

Both the supplier and the buyer

C.

The buyer

D.

The supplier

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Question 2

Which of the following is not a type of tender process used in the Public Sector?

Options:

A.

Restricted

B.

Competitive Procedure with Negotiation

C.

Competitive Dialogue

D.

Unrestricted

Question 3

Which of the following statements are true of a market place which is considered a 'perfect competition'? Select TWO.

Options:

A.

there are no barriers to entry

B.

suppliers are selling differentiated products

C.

competition is at its highest level possible

D.

competition is not strong