Before you begin ✍️
You are about to practice the questions set for
CIPS Supplier Relationships (L4M6) paper* 3.
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.
What are the key advantages of applying Mendelow’s stakeholder mapping theory in procurement? Choose two benefits from the list below:
2.
What are some common reasons for organizations to outsource their requirements to external suppliers? Select two applicable reasons:
3.
Which of the following does NOT fall under the primary activities in Porter's value chain?
4.
Which of these sets out criteria for qualifying suppliers?
5.
What are some of the key goals of procurement? Select two that apply:
6.
In what type of relationship do suppliers typically engage in open-book costing?
7.
Which of these elements can hinder or oppose organizational change?
8.
What steps are crucial for both buyers and suppliers to uphold Total Quality Management (TQM) within their partnership? Select two relevant actions:
9.
What competitive strategy does a company use when cutting operational expenses and offering standardized products at lower-than-average industry prices to grow its market presence?
10.
Does the Kraljic model offer a complete approach for formulating optimal supplier relationship strategies?
11.
In what stage of team development is Kabimo Ltd’s procurement team currently, two less experienced members eager to learn?
12.
What factors might incentivize a company to collaborate with its supplier?
13.
Which macro factors significantly influence GBS Corp, a global soybean producer that relies on specialized biopesticides and faces challenges like climate change and wildfires?
14.
In evaluating its strategic supplier relationship, JOMBA LTD uses KPIs to assess contract performance. Which factor relates to the buyer’s perception of the supplier’s efforts?
15.
What potential benefits might a buyer gain from forming a partnership with a supplier? Choose two that are relevant:
16.
Brotherhood Ltd and Soko Ltd are collaborating on a cross-organizational project to develop a new order and delivery system. This collaboration aligns with which type of partnership, according to Lambert et al.?
17.
In managing the procurement of strategic components for coffee machine production, the procurement manager at Matatu LTD uses cost modeling to understand supplier margins. Which principles can enhance the accuracy of this process? Select two applicable options:
18.
What contributions does procurement make to the design department in fostering effective collaboration?
19.
What implications arise from a high level of commitment in a partnering relationship? Select two relevant options:
20.
Is ABC analysis a suitable method for a procurement expert to classify purchases based on their impact on profitability and supply risk?
21.
Which mnemonic helps identify wasteful elements during the value stream mapping process?
