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CIPS Updated L4M6 Exam Questions and Answers by jorgie

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CIPS L4M6 Exam Overview :

Exam Name: Supplier Relationships
Exam Code: L4M6 Dumps
Vendor: CIPS Certification: CIPS Level 4 Diploma in Procurement and Supply
Questions: 180 Q&A's Shared By: jorgie
Question 24

What is a disadvantage of including qualitative KPIs into a contract?

Options:

A.

They can lead to poor supplier performance

B.

They pull focus from the more important quantitative KPIs

C.

They are hard to measure

D.

They make the buyer seem weak

Discussion
Question 25

A supplier is working with a buyer who represents a large percentage of his business. Without this particular buyer, the supplier would likely go out of business. There has been a dispute in the last invoice which the buyer is not happy about. What technique should the supplier use when talking to the buyer about this?

Options:

A.

Competing- the supplier needs to earn more money as they are struggling financially

B.

Avoiding- the supplier should avoid talking with the buyer as this may result in conflict

C.

Accommodating- the supplier should show a large degree of co-cooperativeness as the buyer is important to their survival

D.

Accepting – the supplier should accept that conflict should sometimes occur in buyer: supplier relationships and work hard to avoid them

Discussion
Question 26

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

Discussion
Question 27

Which of the following would you use to qualify new suppliers? Select THREE.

Options:

A.

commitment

B.

clean

C.

collection

D.

cost

E.

call

Discussion
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