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Question 20

The time between recognition / origin of the need; through to usage or consumption is described as:

Options:

A.

User’s view of lead time

B.

Seller’s lead time

C.

Maker’s lead time

D.

True lead time

E.

Procurement lead time

Question 21

Finding new potential suppliers using the internet might be known as:

Options:

A.

e-sourcing

B.

e-scouring

C.

e-souring

D.

e-auction

Question 22

We can talk about the ‘make, do or XXXX decision’. XXXX represents:

Options:

A.

Buy

B.

Procure

C.

Lease

D.

Build

Question 23

KPIs should be:

Options:

A.

START

B.

SMART

C.

SWART

D.

SHARP

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CIPS CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M2 New Questions, L3M2 Exam Results, Sure Pass Exam L3M2 PDF, Free L3M2 CIPS Updates, CIPS L3M2 Questions Answers,
Exam Code: L3M2
Exam Name: Ethical Procurement and Supply
Last Update: Nov 22, 2024
Questions: 90
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