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 L4M6 Dumps with Practice Exam Questions Answers

Questions: 120 questions

Last Update: Jul 22, 2024

CIPS Certification Exam L4M6 has been designed to measure your skills in handling the technical tasks mentioned in the certification syllabus

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L4M6 Questions and Answers

Question # 1

Which of the following statements are true of a market place which is considered a 'perfect competition'? Select TWO.


there are no barriers to entry


suppliers are selling differentiated products


competition is at its highest level possible


competition is not strong

Question # 2

Victoria runs a hotel and has recently had several security issues such as attempted robberies. She has decided that she needs to hire a security firm to ensure these issues don’t continue. She has done some research and has found there are several local security firms who may be able to provide services to her hotel. However, she hasn’t decided exactly what she would require the security firm to do. What should be Victoria’s next steps?


Issue a Request for Proposal


Issue an Invitation to Tender


Issue a Request for Quotation


Issue a Prior Information Notice

Question # 3

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?


Obtain business approval to terminate the contract


Develop an exit strategy


Review the market and look for an alternative supplier


Give written notice to the supplier of plans to terminate

Question # 4

Which of the following documents would you expect a supplier to submit as part of a Request for Proposal? Select THREE


Full pricing information


Liquidity Ratio


Risk Assessments


Method Statements


Gearing Ratio

Question # 5

Under what circumstances should a competitive tender not be completed? Select TWO.


When the items are of high value


When the items are of low value


When there is a clear specifications


When there is not a clear specification