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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Which of the following statements are true of a market place which is considered a 'perfect competition'? Select TWO.
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?
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?
Which of the following documents would you expect a supplier to submit as part of a Request for Proposal? Select THREE
Under what circumstances should a competitive tender not be completed? Select TWO.