Expert Answers to CIPS Exam L4M6 Questions

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CIPS Level 4 Diploma in Procurement and Supply Supplier Relationships

Supplier Relationships

Last Update Dec 25, 2024
Total Questions : 180

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Questions 2

Which of the following documents can be used at the selection stage of a tender process to ensure that short listed bidders meet the requirements of the buying organisation? Select TWO.

Options:

Request for Information

Request for Quotation

Pre-Qualification Questionnaire

Invitation to Tender

Discussion 0

Questions 3

Achieving value for money can often be described as the three Es? What are these?

Options:

Ethics, Environment, Economy

Economy, Efficiency, Environment

Efficiency, Economy, Ethics

Effectiveness, Efficiency, Economy

Discussion 0

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Questions 4

Which of the following macro-environmental factors can affect supply chains?

Options:

social, economic and cost

environmental, ethical and cost

political, economic and social

environmental, ergonomic and social

Discussion 0

Questions 5

Intellectual Property Rights (IPR) include items such as copywrite and trademarks. A buyer is considering entering into a partnership with their supplier to create a new product which will be released in two years’ time. Should IPR be included into a contract between partners?

Options:

Yes- IPR should always remain with the buyer- this will protect those rights

Yes- IPR is a valid concern for both parties but will survive the termination of the agreement

No- a separate legal agreement should be created to cover IPR

No- a contract is not necessary if it is a partnership.

Discussion 0

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