Cips dumpspedia pearson L4m6 New Attempt by Jorgie q96 vce pdf

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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:

They can lead to poor supplier performance

They pull focus from the more important quantitative KPIs

They are hard to measure

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:

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

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

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

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:

Sharing commercially sensitive data with another party

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

Reduced waste in the supply chain

Supplier may become complacent

Discussion

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Question 27

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

Options:

commitment