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CIPS Supplier Relationships - L4M6 Exam Questions

QUESTION NO: 1
Which of the following are Intellectual Property Rights that you would you encounter in procurement and supply contracts? Select THREE.
Correct Answer: B,C,D
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QUESTION NO: 2
When a large organization partners with a small supplier to develop new technology, it is necessary for regular communication. Is this statement true?
Correct Answer: B
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QUESTION NO: 3
A competitor develops an alternative type of vacuum cleaner to one produced by your organization. Is this an example of the threat of substitutes, one of the five forces of competition described by competitive forces theory?
Correct Answer: B
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QUESTION NO: 4
The Kraljic Model is most useful for which aspect of procurement?
Correct Answer: C
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QUESTION NO: 5
Which one of the following is an advantage of early supplier involvement?
Correct Answer: A
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QUESTION NO: 6
Which of the following would you use to qualify new suppliers? Select THREE.
Correct Answer: A,C,E
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QUESTION NO: 7
Which of the following is not a stage in the relationship life-cycle?
Correct Answer: C
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QUESTION NO: 8
According to Mendelow, there are four ways stakeholders can be managed, depending on the amount of power they have, and how interested they are in your project. What are these four categories?
Correct Answer: A
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QUESTION NO: 9
In public sector procurement, tenders are advertised with CPV codes, which provide a reference to describe the product or service being tendered. What does CPV stand for?
Correct Answer: B
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QUESTION NO: 10
In a partnership who is responsible for decision making?
Correct Answer: C
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QUESTION NO: 11
The Queen Victoria is a traditional British pub which serves a range of alcoholic beverages. It has a partnership relationship with a local brewery which supplies several types of beer and cider. Logistics is a key concern for the Queen Victoria as deliveries must be made when there is room in the cellar to store the barrels of beer and cider. In what ways could the logistics risk be reduced?
Correct Answer: D
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QUESTION NO: 12
Sandra is a buyer for a large supermarket and has been increasing unhappy with the performance of a long- term supplier of bananas. Over time the deliveries have become unreliable and this has had impacts on the supermarket's profitability. What should Sandra do first?
Correct Answer: C
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QUESTION NO: 13
When outsourcing, which legislation details the rights of employees who may find themselves now working for the outsourcing company?
Correct Answer: D
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QUESTION NO: 14
The use of technical jargon can result in what?
Correct Answer: A
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