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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

L4M6 Exam Last Week Results!

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88%

Average Score In Real
Exam At Testing Centre

89%

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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.

A.

there are no barriers to entry

B.

suppliers are selling differentiated products

C.

competition is at its highest level possible

D.

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?

A.

Issue a Request for Proposal

B.

Issue an Invitation to Tender

C.

Issue a Request for Quotation

D.

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?

A.

Obtain business approval to terminate the contract

B.

Develop an exit strategy

C.

Review the market and look for an alternative supplier

D.

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

A.

Full pricing information

B.

Liquidity Ratio

C.

Risk Assessments

D.

Method Statements

E.

Gearing Ratio

Question # 5

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

A.

When the items are of high value

B.

When the items are of low value

C.

When there is a clear specifications

D.

When there is not a clear specification