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CIPS Updated L3M2 Exam Questions and Answers by brian

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CIPS L3M2 Exam Overview :

Exam Name: Ethical Procurement and Supply
Exam Code: L3M2 Dumps
Vendor: CIPS Certification: CIPS Level 3 Advanced Certificate in Procurement and Supply Operations
Questions: 90 Q&A's Shared By: brian
Question 16

Finding new potential suppliers using the internet might be known as:

Options:

A.

e-sourcing

B.

e-scouring

C.

e-souring

D.

e-auction

Discussion
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Question 17

We can talk about the ‘make, do or XXXX decision’. XXXX represents:

Options:

A.

Buy

B.

Procure

C.

Lease

D.

Build

Discussion
Question 18

The letters ‘EOQ’ refer to:

Options:

A.

A person’s level of ‘emotional intelligence’

B.

The notion of there being a best time to order

C.

The idea of an optimum quantity to order

D.

The idea of an optimum quality to order

Discussion
Question 19

The formal appraisal of a current supplier, measured in terms of factors such as quality, timeliness of delivery, etc is known as:

Options:

A.

Vendor rating

B.

Overall rating

C.

Quality rating

D.

Ship's rating

Discussion
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