Free CIPS L4M4 Exam Questions

A supplier operates in a monopolistic market where the threat of entry is low. The product that they offer is key in manufacturing certain types of submarines and there is no known substitute for the product at present. What type of sourcing relationship is a buyer likely to have with this supplier?

Murray has to evaluate a prospective supplier’s financial performance for a long-term project. He notices that the supplier’s long-term debt is twice as much as its equity. What is the most probable inference about the supplier’s financial condition?

Yolo Inc. have recently run a tender opportunity to find a suitable supplier of yoyos and they have received a number of bids. The supplier will become a strategic partner to the business as yoyos are vital to the success to Yolo Inc. The tender asked for both price submissions and had a number of quality questions. Eamon is the Procurement Manager of Yolo Inc and is responsible for selectingthe most appropriate supplier. How should Eamon appraise the bids?

Which of the following is the most weighted element that credit rating agencies use in calculating credit rating score?

What should be conducted in the early stage of the sourcing process to determine if potential suppliers meet the buying organization’s criteria for capability, capacity, and financial stability?