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CIPS Level 3 Module 1 Exam Questions & Answers 2024/25

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CIPS Level 3 Module 1 Exam Questions & Answers 2024/25 What does STEEPLED stand for? (External factors - macro environment) - ANSWERSSociological, technological, economic, environmental, political, legal, ethical, demographic How many employees does a micro business have? - ANSWERSLess than 10 How many employees does a small business have? - ANSWERSLess than 50 How many employees does a medium business have? - ANSWERS250 or fewer What are the support activities of porters value chain model? - ANSWERSFirm infrastructure, human resource management, technology development and procurement What are the primary activities of porters value chain model? - ANSWERSLogistics, operations, marketing and sales and after sales service What is a BRD? - ANSWERSBusiness requirements definition - it answers the "what to buy" question and is based on the needs analysis from operations What does RAQSCI stand for? (a model for identifying business requirements) - ANSWERSRegulatory, assurance of supply, quality, service, cost and innovation What are the two types of field research? - ANSWERSQuantitative research (statistical information) and qualitative research (peoples opinions) What are the 4 categories of the Kraljic matrix? - ANSWERSCritical, strategic, tactical and leverage

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