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Selected L4M2 CIPS Level 4 Diploma in Procurement and Supply Questions Answers

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Total 237 questions

Defining Business Needs Questions and Answers

Question 57

Which of the following standards specifies requirements for a quality management system?

Options:

A.

ISO 27001

B.

ISO 9001:2015

C.

ISO 22000:2018

D.

ISO 14001:2015

Question 58

In 2016, ANA Airlines had to cancel some of its flight. The airline said it had discovered the cracks to the jet engine turbine blades. What should ANA procurement team do next to solve this problem?

Options:

A.

Collect data to identify the root cause

B.

Generate options addressing the issue

C.

Analyse the situation and draw conclusion

D.

Assess the risks

E.

Define the ideal solution

Question 59

A procurement manager has noticed that profitability within a market has increased steadily over the years. In addition, the market is relatively easy to enter, and demand within the market is predicted to remain high. Which of the following is likely to happen in this particular market as a direct consequence of these factors?

Options:

A.

Buyers will switch to a different market

B.

The market will attract new entrants

C.

Suppliers will invest more heavily in technology

D.

The regulator will intervene and establish pricing controls

Question 60

A procurement manager includes provision on recovery from natural disaster into a through-life specification. Some suppliers suppose that provision is unnecessary. Is procurement manager’s action justified?

Options:

A.

No, because with current technology, natural disaster can’t disrupt supply chain.

B.

Yes, because natural disaster may cause risks in organisation’s supply chain

C.

Yes, because the regulations require contract to have recovery provision

D.

No, because this provision will incur unnecessary cost to supplier

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Total 237 questions