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L4M6 dumps questions answers

CIPS L4M6 Dumps

Exam Code:
L4M6
Exam Name:
Supplier Relationships
Last Update: Nov 15, 2024
180 Questions with Explanation
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Supplier Relationships Practice Questions

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Related Certification Exams

L4M1 - Scope and Influence of Procurement and Supply Buy Now
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L4M3 - Commercial Contracting Buy Now
L4M4 - Ethical and Responsible Sourcing Buy Now
L4M5 - Commercial Negotiation Buy Now
L4M7 - Whole Life Asset Management Buy Now
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  • L4M6 Dumps Include
  •   Total Questions: 180 Q&A's
  •   Single Choice: 141 Q&A's
  •   Multiple Choice: 39 Q&A's
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Exam At Testing Centre

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Questions came word by
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Supplier Relationships Questions and Answers

Questions 1

Value for money in the private sector is concerned with what?

Options:

A.

Getting the best price possible

B.

Shareholder profit and business benefit

C.

Ensuring taxpayers’ money is spent wisely

D.

Getting the best quality possible

Questions 2

Partnership sourcing is often considered a ‘high-risk’ strategy for a buyer. Which of the following is not a risk generally associated with partnership sourcing?

Options:

A.

Sharing commercially sensitive data with another party

B.

Single-sourcing may leave the buyer without a supply if the supplier goes into liquidation

C.

Reduced waste in the supply chain

D.

Supplier may become complacent

Questions 3

Which of the following relationship types require the most investment from the buyer?

Options:

A.

partnership

B.

strategic alliance

C.

single source

D.

adversarial

Next Question

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Canada
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Oct 17, 2024

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