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CIPS L4M6 Exam With Confidence Using Practice Dumps

Exam Code:
L4M6
Exam Name:
Supplier Relationships
Certification:
CIPS Level 4 Diploma in Procurement and Supply
Vendor:
CIPS
Questions:
180
Last Updated:
Dec 26, 2024
Exam Status:
Stable
CIPS L4M6

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

Are you worried about passing the CIPS L4M6 (Supplier Relationships) exam? Download the most recent CIPS L4M6 braindumps with answers that are 100% real. After downloading the CIPS L4M6 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIPS L4M6 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIPS L4M6 exam on your first attempt, we have compiled actual exam questions and their answers. 

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Supplier Relationships Questions and Answers

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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 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

Question 3

When developing a supplier partnership, a buyer can take either a strategic or reactive approach. What would be a reason for a reactive approach?

Options:

A.

You discover that the supplier has a high profit margin

B.

The buyer wishes to create a new product and requires input from a supplier

C.

Sudden changes in the marketplace

D.

It will allow for consolidation in the supply chain

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