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L4M2 - Defining Business Needs

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CIPS Level 4 Diploma in Procurement and Supply Exam VCE L4M2 Dumps

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L4M2 Questions and Answers

Question # 1

A purchaser is looking for alternative supplies if there is a major disruption to their supply chain, including logistics, manufacturing and all support services. Which of the following method is that purchaser applying?


Treat the risk


Terminate the risk


Tolerate the risk


Transfer the risk

Question # 2

Which of the following may allow suppliers free to choose the materials, manufacturing process or delivery process?


Performance specification


Design specification


Technical specifications


Conformance specification

Question # 3

Which of the following specific markets engage in creation, liquidation and change of ownership of stock?











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