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L4M5 - Commercial Negotiation

CIPS L4M5 Last Week Results!

10

Customers Passed
CIPS L4M5

88%

Average Score In Real
Exam At Testing Centre

89%

Questions came word by
word from this dump

162

Total Questions
CIPS L4M5 Questions Answers

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CIPS Level 4 Diploma in Procurement and Supply Exam VCE L4M5 Dumps

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L4M5 Questions and Answers

Question # 1

Which of the following are tools that help procurement visualise cost breakdowns of products and services purchased from supplier?

1. Spend candlesticks

2. Spend tree

3. Aggregate expenditure model

4. Spendwaterfall

A.

2 and 4 only

B.

3 and 4 only

C.

1 and 2 only

D.

1 and 3 only

Question # 2

To buying organisation, savings can be achieved from different saving levers or tactics. Which of the following are means that deliver savings through optimising specifications?

A.

Value engineering

B.

Part substitution

C.

Budgetlinkages

D.

Compare total cost of ownership

E.

Volume pooling

Question # 3

According to Fiona Dent and Mike Brent, which of the following are characteristics of Push approach? Select TWO that apply.

A.

Inspirational

B.

Persuasion

C.

Collaborative

D.

Seeking commitment

E.

Directive

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