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Latest L3M4 Test Dumps & L3M4 Authorized Certification
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CIPS L3M4 Exam Syllabus Topics:
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CIPS Team Dynamics and Change Sample Questions (Q98-Q103):
NEW QUESTION # 98
John is a new procurement manager who has recently joined Smiths Facilities Management Ltd. The company provides maintenance services through the utilisation of subcontractors. It is experiencing a number of issues with its supply chain which has resulted in customer complaints, and John would like to introduce service level agreements (SLA) to some of its key providers. Which of the following should be included?
* How often the service will be provided
* The procedures to be followed to resolve disputes
* The qualifications needed by staff providing the service
* The stock maintained by the subcontractor
- A. 1, 3 and 4 only
- B. 1, 2 and 4 only
- C. 2, 3 and 4 only
- D. 1, 2 and 3 only
Answer: D
NEW QUESTION # 99
The Grain Building Limited company contracts with many smaller suppliers on projects where agents can create uncertain working conditions, including changes to the scope of work, start times and late changes. The work is often affected by the weather, shortages of parts, or client indecision. To mitigate this, Grain Building Limited contracts with known and reliable suppliers on the basis of the cost-plus pricing model.
Which is the correct meaning of the term "cost-plus"?
- A. Costs plus agreed profit
- B. Costs plus overheads, profits, and taxes
- C. Costs plus taxes and profit
- D. Costs plus delivery and profit
Answer: A
NEW QUESTION # 100
Peter Kraljic first published his Portfolio Purchasing Model in a paper entitled 'Purchasing Must Become Supply Management' in the Harvard Business Review in September of which year?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
Explanation:
It was in 1983.
The original paper is available for purchase for a very modest fee from the Harvard Business Review website. The original paper is lucid, thought-provoking and in my opinion desirable reading for any-one who wishes to seriously learn about procurement. Especially tutors of procurement - ask your CIPS tutor if they've read the original work!
If you're having trouble understanding what some of all this 'Kraljic talk' is about, treat yourself for $5 to the original work - the matrix has since been much discussed and developed, but is widely misunderstood, even by many who should know better. Professor Kraljic will appreciate the royal-ties. :)
NEW QUESTION # 101
Which of the following are benefits of using model form contracts? Select TWO that apply.
* Liability is greatly reduced for suppliers
* Suppliers can renegotiate terms more easily
* They improve contract consistency
* They are widely accepted in certain industries
- A. 1 and 2
- B. 3 and 4
- C. 2 and 4
- D. 1 and 3
Answer: B
NEW QUESTION # 102
'A person who sees the big picture. Thinks accurately and carefully. May lack energy and the ability to inspire others'.
Which one Belbin's team roles is being described here?
- A. Plant
- B. Co-ordinator
- C. Resource-investigator
- D. Monitor / evaluator
Answer: D
Explanation:
Monitor / evaluator.
Please see your textbook for descriptions of all nine roles.
NEW QUESTION # 103
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