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Sharpen Your Knowledge with CIPS (L4M2) Certification Sample Questions
CertsTime has provided you with a sample question set to elevate your knowledge about the CIPS Defining Business Needs exam. With these updated sample questions, you can become quite familiar with the difficulty level and format of the real L4M2 certification test. Try our sample CIPS Defining Business Needs certification practice exam to get a feel for the real exam environment. Our sample practice exam gives you a sense of reality and an idea of the questions on the actual CIPS Level 4 Diploma in Procurement and Supply certification exam.
Our sample questions are similar to the Real CIPS L4M2 exam questions. The premium CIPS Defining Business Needs certification practice exam gives you a golden opportunity to evaluate and strengthen your preparation with real-time scenario-based questions. Plus, by practicing real-time scenario-based questions, you will run into a variety of challenges that will push you to enhance your knowledge and skills.
CIPS L4M2 Sample Questions:
A procurement organisation is keen to encourage innovation available within the supply market in the execution of an upcoming significant contract opportunity. A team member suggests that the specification should define the performance indicators so that supplier's solution can be checked against them. Which of the following will enable the organisation to achieve this goal?
Which of the following methods will enable a company to eliminate waste, lost time and lost material from its processes?
To improve the productivity, Plantation Ltd is planning to purchase a tractor, which it has never bought before. The project must be quick to catch up with the next growing season. Leanne, a jun-ior procurement staff at the company, assumes that she could skip market analysis stage to save time. Is this assumption reasonable?
Ethan is the newly appointed CEO of ATT Group. He sees that the company is wasting financial resources on unnecessary spends. To solve this problem, Ethan requires all functional managers to prepare their department budget from scratch. Each spend must have justification or it will not be approved. Which budgeting method is Ethan using?
Which of the following is an advantage of competitive benchmarking over other types of bench-marking?
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