Before you begin ✍️
You are about to practice the questions set for
CIPS Supplier Relationships (L4M6) paper *1.
Please put away any distractions and focus all your efforts on passing.
⏱️Time limit: 1 hour 30 minutes
At the end of your examination practice, you will
📝 View your grade
✅ View the correct answers
NOTE: The answers provided haven't been verified by an official CIPS-affiliated entity, therefore consider discussing your concerns with the instructor or fellow students for clarification.
To begin your exam practice,
wait a few seconds for the start button to appear,
then tap the START button.
"We're rooting for you all the way!" All the best. 😃
1.
According to Charles Handy, which organizational culture is distinguished by a high level of formalization and standardized authority, procedures, and rules?
2.
How should communication between a purchaser and a supplier in a partnership be characterized?
1. Clear and to the point
2. Unclear
3. Open and transparent
4. Hidden
3.
To integrate the patented HPP technology of Beijing LTD into its products and enhance their quality, what legal arrangement must Alliyah LTD secure from Beijing LTD?
4.
What are the key factors that influence a supplier's view of a buyer?
1. The buyer’s perception of the supplier
2. The supplier’s share of total sales
3. The buyer’s attractiveness
4. Supply risk
5.
Which of the following categories are secondary stakeholders?
6.
In which type of agreement should a buyer maintain an adversarial relationship with suppliers?
7.
Bidco Ltd is looking to hire a new supplier for its facilities management contract. They send out an Invitation to Tender (ITT) to several suppliers, who submit their quotes along with quality certifications. Although the price differences are minor, the procurement team will need to consider other factors, such as quality, reliability, track record, punctuality, and adaptability to Bidco Ltd's specific needs, in making their final choice. What term best describes this approach?
8.
Shalom Ltd is upgrading its computer systems and needs to purchase new computers for all employees. The IT team has a clear set of specifications and has identified at least three suppliers. Is a competitive bidding process advisable?
9.
What factors have the potential to harm the partnership between a buyer and a supplier?
1. Strong drivers
2. Poor communication
3. High level of commitment
4. Lack of trust
10.
Zenka Group aims to implement a Supplier Development Program (SDP) targeting small and medium-sized suppliers with growth potential. Clara is tasked with determining the goals and benefits for both the group and the suppliers. What is the key truth about supplier development programs?
11.
When procuring items with high profit impact and supply risk, what strategies are most beneficial for fostering strong supplier relationships?
12.
Lenga company's executives are revising their value chain to support a low-cost strategy, assuming that each activity is independent. Is this assumption valid?
13.
The Community Housing Agency is managing several housing projects and is planning the Bradbury Housing project. The housing manager insists on being involved from the beginning in selecting the main building contractor. According to Mendelow’s theory, how should this key stakeholder be managed?
14.
SkinWare (SW), a premium beauty product producer, is facing declining margins. The finance and purchasing departments are at odds due to differing priorities. How can the purchasing department address these conflicts effectively?
15.
What are three common characteristics of a successful partnership?
16.
The overall profitability of a purchasing organization can significantly improve through successful partnership endeavors. Yet, identifying an appropriate partner presents its own set of challenges. What tools can aid in pinpointing the most suitable partner?
1. Kraljic model
2. Supplier Preferencing model
3. Open Book Costing
4. Purchasing Structures
17.
Budalangi Company is considering producing a type of valve in-house, which they currently purchase at $5 per unit. Before making a decision, what factors should the company evaluate?
18.
What are the primary drivers for entering into a partnership, as identified by Douglas M. Lambert?
1. Focus on core business activities
2. Improved customer service
3. Increased cost-efficiency
4. Access to new markets
19.
How can procurement add value to an organization’s strategy?
20.
Which type of relationship is best suited for a 12-month office supplies contract?
21.
What are the factors that make an ESI project successful? Select the THREE that apply
22.
Which category of items should the buyer utilize cost modeling for?
