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CIPS L4M1-Exam Questions and Answers

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CIPS L4M1-Exam Questions and Answers True or False: Fixed assets to an organisation are usually capital purchases Correct AnsTrue True or False: Added value includes innovation from suppliers Correct Ans-Tru

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  • Exam (elaborations)
  •  • 5 pages • 
  • by GOLDTUTORS • 
  • uploaded  03-10-2024
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CIPS L4M8 Chapter 1- Questions and Answers 100% Solved

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CIPS L4M8 Chapter 1- Questions and Answers 100% Solved To fully understand the market pricing, procurement professionals should research the level of competition. The .... .... ... model is an established way of assessing the competition Correct Ans-Porter's Five Forces

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  • Exam (elaborations)
  •  • 48 pages • 
  • by GOLDTUTORS • 
  • uploaded  03-10-2024
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CIPS Level 3 Module 1- Questions and Answers 100% Pass

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CIPS Level 3 Module 1- Questions and Answers 100% Pass What is cost reimbursable pricing arrangement? Correct Ans-The supplier is reimbursed all of its costs as well as an agreed amount for profit. This is commonly used when the amount of work required isn't clear at the start of the project.

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  • Exam (elaborations)
  •  • 6 pages • 
  • by GOLDTUTORS • 
  • uploaded  03-10-2024
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CIPS Supplier Relationships L4M6 Learning Outcome 2- Questions and Answers

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CIPS Supplier Relationships L4M6 Learning Outcome 2- Questions and Answers Added value through suppler relationships Correct Ans--Being able to identify and use an appropriate approach to deal with supplier. -Innovation developed as part of collaborative projects with strategic suppliers -Reduction of waste -Resilience and risk reduction

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  • Exam (elaborations)
  •  • 17 pages • 
  • by GOLDTUTORS • 
  • uploaded  03-10-2024
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CIPS Quiz- Questions and Answers 100% Pass

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CIPS Quiz- Questions and Answers 100% Pass Capability Correct Ans-The ability of a supplier to meet an organisation's specific business requirements Capacity Correct Ans-The output of a busines

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  • Exam (elaborations)
  •  • 19 pages • 
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  • uploaded  03-10-2024
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CIPS L4M2 Exam Questions and Answers

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CIPS L4M2 Exam Questions and Answers Total cost of ownership Correct Ans-Is how much it costs to own the product over its lifetime until disposal.

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  • Exam (elaborations)
  •  • 28 pages • 
  • by GOLDTUTORS • 
  • uploaded  03-10-2024
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CIPS L4M7 Questions and Answers 100% Solved

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CIPS L4M7 Questions and Answers 100% Solved Slow moving items Correct Ans-Items that tend to remain in store for relatively long time Fast moving items Correct Ans-Items that are held for only a short time before despatched Category a Correct Ans-High usage/fast moving items

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  • Exam (elaborations)
  •  • 49 pages • 
  • by GOLDTUTORS • 
  • uploaded  03-10-2024
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CIPS L4M1 - Key Phrases Questions and Answers

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CIPS L4M1 - Key Phrases Questions and Answers Compliance Correct Ans-Conforming to rules and regulations Conflict of interest Correct Ans-A situation where a person has conflicting loyalties

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  • Exam (elaborations)
  •  • 18 pages • 
  • by GOLDTUTORS • 
  • uploaded  03-10-2024
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CIPS L4M1 Definitions- Questions and Answers 100% Pass

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CIPS L4M1 Definitions- Questions and Answers 100% Pass Cost of Sales Correct Ans-Amount of money directly attributable to the production of goods or services that are sold

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  • Exam (elaborations)
  •  • 19 pages • 
  • by GOLDTUTORS • 
  • uploaded  03-10-2024
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L4M8 CIPS level 4 Glossary 2-Questions and Answers 100 Pass

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L4M8 CIPS level 4 Glossary 2-Questions and Answers 100 Pass Whats is included in a requisition Correct Ans-Date Description Supplier Quantity When Where Why Who Approval

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  • Exam (elaborations)
  •  • 30 pages • 
  • by GOLDTUTORS • 
  • uploaded  03-10-2024
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