RELEVANT L4M6 EXAM DUMPS & PASS4SURE L4M6 EXAM PREP

Relevant L4M6 Exam Dumps & Pass4sure L4M6 Exam Prep

Relevant L4M6 Exam Dumps & Pass4sure L4M6 Exam Prep

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Tags: Relevant L4M6 Exam Dumps, Pass4sure L4M6 Exam Prep, Reliable L4M6 Test Pass4sure, L4M6 Exam Review, L4M6 Test Braindumps

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CIPS Supplier Relationships Sample Questions (Q112-Q117):

NEW QUESTION # 112
Which of the following macro-environmental factors can affect supply chains?

  • A. environmental, ethical and cost
  • B. social, economic and cost
  • C. political, economic and social
  • D. environmental, ergonomic and social

Answer: C

Explanation:
STEEPLE is what is used to analyse the macro-environment; the factors are; social, technological, economic, environmental, political, legislative and ethical. Details of this can be found on p.43-44. Note in the exam they won't necessarily be given in this order.


NEW QUESTION # 113
Phone Maker Incorporated is a manufacturer of mobile phones. It is considering investing in a partnership with its supplier of batteries and circuit boards as it wishes to produce new models of its phone more regularly. What is the main driver for Phone Maker Incorporated?

  • A. Cheaper costs
  • B. Better quality products
  • C. Reduced product life-cycles
  • D. Changes in the marketplace

Answer: C

Explanation:
The correct answer is 'reduced product life-cycles'. In this example the reason for entering a partnership is to be able to produce new models of phones more quickly- this is likely because consumers are wanting to change mobile phones more often than they did in the past, so in order to keep up with demand, Phone Maker Incorporated need to produce more phones, more quickly. Drivers of Partnership Sourcing is a key topic in the exam - you can revise these by looking at p.127 in the Study Guide


NEW QUESTION # 114
A partnership between a software development company and a software supplier has recently been created. In order for the partnership to be successful, what is a critical action to take in the early stages of their relationship?

  • A. Look at costing models
  • B. Complete audits on the performance of both parties
  • C. Promote the new partnership
  • D. Define the standards both parties are expected to meet

Answer: D

Explanation:
Defining standards ensures clear expectations and provides a foundation for accountability and alignment, which are critical for the success of any partnership.


NEW QUESTION # 115
A buyer is intending to purchase a new product for their business; however, the market has a large number of suppliers. What would be the most beneficial way for them to initially narrow down the supply options?

  • A. Preselect companies who have the largest market share
  • B. Predefine minimum standards suppliers must meet
  • C. Look at lowest-cost suppliers only
  • D. Go only to companies they have bought other products from

Answer: B

Explanation:
Setting minimum standards helps filter suppliers efficiently, ensuring that only capable and reliable suppliers are considered. This approach supports both cost and quality objectives.


NEW QUESTION # 116
What is the correct order of the stages of team development?

  • A. Forming, norming, performing, storming
  • B. Forming, storming, norming, performing
  • C. Storming, forming, performing, norming
  • D. Storming, forming, norming, performing

Answer: B

Explanation:
The correct answer is Forming, storming, norming, performing (p.91). Note; some people add on two additional stages to this; mourning and adjourning. The study guide forgets to mention this, but the exam may ask you about these additional stages. So I strongly recommend doing some further reading on this (it's called the Tuckman Group Development Model)


NEW QUESTION # 117
......

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