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Selected L3M4 CIPS Level 3 Advanced Certificate in Procurement and Supply Operations Questions Answers

Page: 6 / 11
Question 24

Thinking about the STEP / PESTEL / STEEPLE model, into which two categories would taxation most suitably fall?

Options:

A.

Socio-cultural

B.

Political

C.

Technological

D.

Economic

Question 25

Which of the following approaches could a purchasing organisation use to reduce the level of detail in a specification, without increasing the risk of an unsuccessful procurement process?

    Increase the use of acronyms and abbreviations

    Cross-refer to recognised industry standards

    Require tendering suppliers to propose specifications

    Provide samples to demonstrate the requirements

Options:

A.

1 and 4 only

B.

2 and 3 only

C.

1 and 3 only

D.

2 and 4 only

Question 26

Tiger Rolls Bakery is a small local baker requiring a continuous supply of flour and butter for their products. These items are in plentiful supply, due to the standardised nature of the items, they are bought regularly on a spot purchase approach from a range of market suppliers. Tiger Rolls Bakery has an electronic purchase order system that they use to place orders with the suppliers. On the back of each purchase order issued, Tiger Rolls Bakery includes a copy of their commercial contracting terms.

Which of the following describes the Tiger Rolls Bakery commercial contracting terms?

Options:

A.

Bespoke contract conditions

B.

Innominate terms and conditions

C.

Standard terms and conditions

D.

Model form contract terms

Question 27

If the speed of change was incremental, and the extent of change was realignment, what single term might we use to describe this change?

Options:

A.

Evolution

B.

Adaptation

C.

Revolution

D.

Reconstruction

Page: 6 / 11
Exam Code: L3M4
Exam Name: Team Dynamics and Change
Last Update: Nov 24, 2024
Questions: 150
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