Cips exams4sure complete L3m4 Materials by Margaret 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:	margaret

Question 32

Thinking about PEST, etc: under which heading would exchange rates and inflation fit?

Options:

Political

Technological

Economic

Social

Discussion

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Question 33

Because services are intangible, the key performance indicators for services are likely to be qualitative in all circumstances. Is this statement correct?

Options:

Yes, services cannot be owned nor stored and therefore their quantities are not measurable

Yes, there are no possible units by which services can be measured because they are intangible

No, although services are intangible, they can be measured in terms of time or space covered

No, although services are intangible, they are measurable but only in qualitative terms

Discussion

Question 34

Which of the following are benefits of using model form contracts? Select TWO that apply.

Liability is greatly reduced for suppliers

Suppliers can renegotiate terms more easily

They improve contract consistency

They are widely accepted in certain industries