CIPS Level 4 – Diploma In Procurement And Supply Module 2 .
CIPS Level 4 – Diploma in Procurement andSupplyModule 2 – Defining Business NeedSAMPLE EXAM QUESTIONSOBJECTIVE RESPONSE QUESTIONS AND ANSWERSThe correct answer will be identified as [key]1Leading global excellence in procurement and supplyL4M2 Sample Exam Questions Dec 2018
Q1. For a manufacturing organisation, which of the following would create direct costs?a. Brand advertisingb. Componentsc. Executive carsd. StationeryLO: 1AC: 1.2Q2. An output specification focuses mostly on a. designb. innovationc. performanced. technicalitiesLO: 3AC: 1.3Q3. Which of the following are commonly used in conjunction with an output-focused specification?a. Key performance indicatorsb. Clear conformance standardsc. Detailed technical requirementsd. Product brand namesLO: 3AC: 3.1L4M2 Exam Exemplar Questions Dec 20182
Q4. A procurement organisation is keen to maximise innovation available within the supply market in the executionof an upcoming significant contract opportunity. Which of the following will enable the organisation to achieve thisgoal?a. Using an outcome focused specificationb. Applying a precise performance frameworkc. Establishing transparent selection criteriad. Allowing variations to occurLO: 3AC: 3.1Q5. A procurement manager is inputting into a specification for a new product. They have already assessed theavailability of suppliers and their relative market influence, and have determined that the sources of supply areplentiful. What other factor will be important to consider in respect of competitive market forces?a. Competitive rivalryb. Power of buyersc. Strength of suppliersd. Supply chain impactLO: 2AC: 2.2Q6.Zam Manufacturing Group (Zam) has a non-complex range of components which are readily available for anextensive range of suppliers. The manufacturing process is simple and highly efficient. Zam's profit margins arehigh. The Zam CPO's main concern is the vast array of products it both buys and manufactures. Which of thefollowing should be a priority action for Zam?a. Value analysisb. Value engineeringL4M2 Exam Exemplar Questions Dec 20183
c. Implement standardisationd. Process re-engineeringLO: 3AC: 3.4Q7. Which of the following are common barriers to entry that could affect competition in a market?1. Set-up costs2. Direct labour costs3. Customer switching costs4. Inventory holding costsa. 1 and 2 onlyb. 3 and 4 onlyc. 2 and 3 onlyd. 1 and 3 onlyLO: 2AC: 2.2Q8. An organisation has a very clear idea of the service it wants and has described the process precisely interms of how the supplier must deliver it. It is intending to produce an ‘outcome-focused specification’. Isthis the right specification approach for the organisation to use?a. No - with an outcome-focussed specification approach, the supplier will decide how to deliver theserviceb. No - the best approach would be an open specificationL4M2 Exam Exemplar Questions Dec 20184
c. Yes - this specification approach allows for maximum innovation from the supplierd. Yes -this specification approach states expressly how the service should be deliveredLO: 3AC: 3.1Q9. Which of the following are typical environmental considerations throughout the contract life cycle? Select theTWO that apply.a. Energy usage in manufacturingb. Recyclable packagingc. Customer demandd. Employee welfaree. Standards of ethical behaviourLO: 3AC: 3.2Q10. Which of the following are typically found within conformance specifications? Select TWO that apply.a. Functionsb. Drawingsc. Outcomesd. Samplese. OutputsLO: 3AC: 3.1L4M2 Exam Exemplar Questions Dec 20185
CIPS Level 4 – Diploma in Procurement and Supply . Module 2 – Defining Business Need . SAMPLE EXAM QUESTIONS . OBJECTIVE RESPONSE QUESTIONS AND ANSWERS . The correct answer will be identified as [key] 2 L4M2 Exam Exemplar Questions Dec 2018 . Q1. For a manufacturing organisation, which of the following would create direct costs? a. Brand advertising . b. Components c. Executive cars . d .
CIPS Level 5 5 Advanced Diploma in Procurement and Supply Ref: 603/3925/1 6\OODEXV Version 1 Fhyzics Business Consultants Pvt. Ltd. An Approved Study Centre of CIPS, UK www.IISCM.org cs@fhyzics.net 91 900-304-9000. Your TXDOLIÂFDWLRQ Next steps 7KLV TXDOL 4FDWLRQ SURYLGHV SURJUHVVLRQ WR WKH CIPS Level 6 Professional Diploma in Procurement and Supply. 5HIHUV WR OHYHOV ZLWKLQ WKH 8. 54 .
CIPS Asia PacificIG Rochester Drive, Level HJ, Singapore, GINLIM TPLK LNFN NMHG FPLK LNFN NMHH Einfosg@cips.org CIPS AustralasiaLevel H, KHF Collins Street, Melbourne, Victoria IFFF, Australia TGIFF MLK GJH/PLG (F)I OLHO LFFF FGIFF MLK GJI/PLG (F)I OLHF KJNN Einfo@cipsa.com.au CIPS MENAOffice GMFI, The Fairmont Hotel, Sheikh Zayed Road, PO Box GGOMMJ, Dubai, United Arab Emirates TPOMG (F)J IGG .
CIPS Level 4 Diploma in Procurement and Supply . Level 8, 3 Spring St, Sydney NSW 2000 Ph: 1300 950 251 E: info@academyglobal.com www.academyglobal.com Level 4 Diploma in Procurement and Supply The Level 4 Diploma in Procurement and Supply now consists of eight core modules of 6 or 12 units. This is the highest entry point to our diploma level qualifications. Developed using the Procurement .
A/C and Ref. Engineering Diploma, Advance Diploma & B.Tech Diploma Diploma Chemical Engineering Diploma, Advance Diploma & B.Tech 2.5. Department Structure Land Surveying SECTION SPECIALIZATION Architecture Engineering Diploma, Higher Diploma & B.Tech Diploma, Advance Diploma & B.Tech ARCHICTURE LEVELS Quantity Surveying MECHANICAL ENGINEERING
The University CIPS Level 3 Programme 2.1. About the CIPS Programme The University’s CIPS Level 3, Advanced Certificate in Procurement and Supply Operations programme is partly funded through the Finance Division. You may apply if you work in one of the University colleges, the University Press or Cambridge Assessment or other associated institution, although funding will be requested from .
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details of the entry requirements for each level, please refer to www.cips.org The CIPS Diploma in procurement and supply is a higher level qualification. It has been accredited by . (100% divided by 4 25%). This weighting indicates the level o
2 Both the global standard and qualification are kept under regular review and updated when necessary to ensure relevance is maintained. Entry requirements Learners will need to have achieved CIPS Level 5 Advanced Diploma in Procurement and Supply. Some module exemptions may be applicable under the CIPS Exemption policy. Further information on the
