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CIPS - Defining Business Needs L4M2 paper 5.
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1.
What assumption underlies the Kano model?
2.
In Porter's Value Chain framework, which tasks fall under support activities?
3.
Which market is expected to have the least restrictive barriers for new entrants?
4.
What are the main focus areas of the ISO 27001:2013 standard?
1. Confidentiality
2. Logistics
3. Process
4. Life cycle
5.
Maxco's Chief Procurement Officer faces delays in obtaining essential parts for a TurboProp engine, which constitutes 73% of costs. What should the CPO prioritize?
6.
Disadvantages of outcome-based specifications? (Select THREE)
7.
How does the marketing function contribute to specification development?
8.
Ethan, ATT Group's CEO, implements a budgeting system where every expense must be justified. What method is this?
9.
What factor is likely to hinder entry into the agricultural sector?
10.
Andrew is evaluating a band saw costing $10,000 and generating $2,000 annually. What’s the payback period?
11.
Who can create technical standards?
12.
Environmental considerations in contract life cycle? (Select TWO)
13.
What is a drawback of including standards in specifications?
14.
Which tool defines project team roles and responsibilities?
15.
Synergy Ltd is transitioning from Excel-based CRM. What should its procurement team consider?
16.
The Department for Transport needs locomotives but lacks clarity on requirements. What’s the first risk-management step?
17.
Definition of value engineering?
18.
Which of the following is an advantage of competitive benchmarking over other types of benchmarking?
19.
Through-life asset management benefits? (Select TWO)
20.
What negatively impacts cash flow? (Select TWO)
21.
How does rivalry among businesses affect an industry?
22.
In which product development stages is cost reduction most feasible?
1. Planning
2. Pre-design
3. Detail design
4. Production
5. Logistics support
