Cips certshero free L3m4 Updates by Morgan q54 vce pdf

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Exam Name:	Team Dynamics and Change
Exam Code:	L3M4 Dumps
Vendor:	CIPS	Certification:	CIPS Level 3 Advanced Certificate in Procurement and Supply Operations
Questions:	150 Q&A's	Shared By:	morgan

Question 16

One of the appendices to a formal contract should be a 'pricing schedule'. This is because price is the most important item of a contract and it is a requirement for it to be detailed in a pricing schedule. Is this a correct statement?

Options:

Yes, because the contract is always a very large document and the parties need easy access to price information to negotiate increases

Yes, because all contracts are required to have detailed pricing terms, such as fixed prices, incentives, and price escalation, which must be attached

No, because it is not a requirement to attach a pricing schedule if complex pricing terms are not applicable to that particular contract

No, a pricing schedule is required only if other attachments such as a non-disclosure agreement and insurance policy are also appended

Discussion

Question 17

Responsibilities within a procurement function can be split into strategic, tactical or operational. Which of the following would usually be seen as operational? Choose two.

Options:

Preparing purchase orders

Establishing long-term partnership relations with key suppliers

Expediting

Preparing specifications

Discussion

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Question 18

R Meredith Belbin made a distinction in his work between 'solo leaders', who were kind-of historic leaders; and 'team leaders' who are seen as being leaders for modern times, or of the future.

From the list shown, select the one answer which represents the solo leader, rather than the team leader.

Options:

Encourages diversity, and lets team members be themselves

Creates a mission that team members can work together to achieve

Chooses to limit their role in teamworking: delegates

Sets objectives and separate tasks for individual team members

Discussion

Question 19

A local hospital has had to use a number of substitute cardiac pacemaker devices, due to poor delivery performance from its regular contracted cardiac equipment supplier. Which key performance indicators would be suitable to monitor the performance of the supplier in this area to help prevent the issue from reoccurring? Select TWO that apply.

Options:

The results from a patient complaints survey

The minimum speed of response relating to invoice queries

The average lead time from order placed to receipt of devices

The percentage of on-time in-full orders received per month

The number of orders placed in the previous accounting period minus orders placed in the current period