Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 757 views

    Sample Questions L4 Module 6 PDF

    Uploaded by

    rob jones
    This document provides a sample exam for a procurement and supply diploma. It includes 10 multiple choice questions testing various learning outcomes related to supplier relationships, risk management, and conflict resolution. The questions cover topics like supplier evaluation criteria, stages of team development, approaches to competitive advantage, and effective cost modeling techniques. Correct answers are identified with a [key] for objective response questions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Sample Questions L4 Module 6 PDF

    Uploaded by

    rob jones
    757 views5 pages
    This document provides a sample exam for a procurement and supply diploma. It includes 10 multiple choice questions testing various learning outcomes related to supplier relationships, risk management, and conflict resolution. The questions cover topics like supplier evaluation criteria, stages of team development, approaches to competitive advantage, and effective cost modeling techniques. Correct answers are identified with a [key] for objective response questions.

    Original Title

    Sample-Questions-L4-Module-6-.pdf

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides a sample exam for a procurement and supply diploma. It includes 10 multiple choice questions testing various learning outcomes related to supplier relationships, risk management, and conflict resolution. The questions cover topics like supplier evaluation criteria, stages of team development, approaches to competitive advantage, and effective cost modeling techniques. Correct answers are identified with a [key] for objective response questions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    757 views5 pages

    Sample Questions L4 Module 6 PDF

    Uploaded by

    rob jones
    This document provides a sample exam for a procurement and supply diploma. It includes 10 multiple choice questions testing various learning outcomes related to supplier relationships, risk management, and conflict resolution. The questions cover topics like supplier evaluation criteria, stages of team development, approaches to competitive advantage, and effective cost modeling techniques. Correct answers are identified with a [key] for objective response questions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    CIPS Level 4 – Diploma in Procurement and

    Supply
    Module 6 – Supplier Relationships

    SAMPLE EXAM QUESTIONS


    OBJECTIVE RESPONSE QUESTIONS AND ANSWERS

    The correct answer will be identified as [key]

    Leading global excellence in procurement and supply


    L4M6 Sample Exam Questions Dec 2018
    Q1. Which of the following would limit the buyer's potential to take advantage from brand new entrants to a
    market? If the buyer sets minimum requirements relating to …

    a. employee qualifications

    b. insurance provision

    c. profit history

    d. technical capability

    LO: 1

    AC: 1.3

    Q2. In a recently created team, people start to push against the established boundaries and there is a conflict
    between team members' working styles causing some people to feel frustrated. This team is at which stage of its
    development?

    a. Forming

    b. Norming

    c. Performing

    d. Storming

    LO: 2

    AC: 2.2

    Q3. Which of the following are most typically used between stakeholders in respect of IPR?

    a. Non-disclosure agreements

    b. Exclusion clauses

    c. Patent terms

    d. Secrecy Act conditions

    LO: 2

    AC: 2.4

    L4M6 Sample Exam Questions Dec 2018


    Q4. An engineering company (EngCo) is becoming concerned by the reducing number of its potential suppliers of
    components of X2ZZ, which is vital to the manufacture of its leading products. Over the years a number of suppliers
    have merged and some have exited the market. Which of the following actions might open up new suppliers to
    EngCo through substitute products?

    a. Change the specification

    b. Ease the commercial terms

    c. Shorten the supply chain

    d. Relax quality assurance

    LO: 1

    AC: 1.3

    Q5. A leading pharmaceutical company (PharmCo) is concerned about the impact of market changes on its product
    portfolio. Following a recent review it has highlighted both the tightening regulatory regime around consumer
    protection and exchange rate volatility as two key threats. The factors of most concern to PharmCo are …

    a. legislative and economic

    b. political and environmental

    c. economic and political

    d. environmental and legislative

    LO: 1

    AC: 1.3

    L4M6 Sample Exam Questions Dec 2018


    Q6. Auto Group (AG) is an automotive manufacturer. It is an established business with a strong market share in its
    chosen markets, providing vehicles in the mid-range quality segment. AG has decided to launch a new low-spec
    vehicle range in the economy vehicle segment. Its strategy is to price low, which it can do because it can produce
    the vehicles relatively cheaply due to its previous investments in technology. Its source of competitive advantage is
    based on which recognised approach?

    a. Product differentiation

    b. Cost leadership

    c. Brand differentiation

    d. Cost reduction

    LO: 1

    AC: 1.3

    Q7. Risk management in procurement and supply fundamentally focuses on understanding which of the following?

    1. Security

    2. Reward

    3. Probability

    4. Impact

    a. 1 and 3 only

    b. 2 and 4 only

    c. 3 and 4 only

    d. 1 and 2 only

    LO: 2

    AC: 2.3

    L4M6 Sample Exam Questions Dec 2018


    Q8. A procurement officer is creating award criteria for a competitive tender and has decided to evaluate suppliers
    based on price and the suppliers' method statement for delivering the specification. Is this appropriate?

    a. Yes, because a method statement is a requirement in all tenders

    b. No, because there must be more than two evaluation criteria

    c. No, because method statements are not easy to evaluate

    d. Yes, because these both relate directly to the execution of the contract

    LO: 2

    AC: 2.1

    Q9. Effective cost modelling involves which of the following? Select the THREE that apply

    a. Supplier negotiation

    b. Continuity planning

    c. Differential pricing

    d. Data gathering

    e. Data analysis

    f. Identify drivers

    LO: 2

    AC: 2.3

    Q10. Which of the following are recognised conflict resolution approaches when dealing with key internal
    stakeholders, where a resolution must be agreed? Select TWO that apply

    a. Avoiding

    b. Compromising

    c. Accommodating

    d. Maintaining

    e. Defending

    LO: 2

    AC: 2.2

    L4M6 Sample Exam Questions Dec 2018

    You might also like