Free CIPS L4M6 Exam Questions

Become CIPS Certified with updated L4M6 exam questions and correct answers

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Total 383 Questions | Updated On: Nov 12, 2024

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Question 1

In a monopoly market, which of the following statements is true?

A : rgaining power of suppliers is strong

B : rgaining power of buyers is strong

C : ere is strong rivalry

D : ere is a threat of new entrants

Answer: A

Question 2

AlliedSignal proposes establishing partnership with SeaLand. To ensure the success of partnering relationship, the two companies need to select the right type of partnership. The decision on type of partnership relationship fundamentally focuses on the understanding of which factors?

1. Partnering components

2. Facilitators

3. Partnership drivers

4. Pareto analysis

A : 4 and 3 only

B : 2 and 3 only

C : 1 and 4 only

D : 2 and 4 only

Answer: B

Question 3

George is running a competition to find a supplier to install solar panels on the roof of his factory. The energy this produces will power some of the machines. Cost is an important factor, but there are also other considerations that are important such as how long the solar panels will last, and the maintenance costs if they ever break. What should George do?

A : a weighted award criteria

B : ly invite suppliers he knows will be able to provide good quality products which won't break

C : n a separate tender for a company who can provide reactive maintenance to the solar panels

D : aluate the bids on price only as this is an important factor

Answer: A

Question 4

The Community Housing Agency has a number of housing projects under its management. The members of the project team had been asked to assemble in the conference room to prepare for the next important project: the Bradbury Housing. In the meeting, the housing manager speaks out his opinion: "I am a key sponsor of this project and I had to find this money from my own budget. I would like to take part in selecting the main building contractor from very first stage." Since the conceptual design phase of the project, most of housing manager's opinions and ideas have been strongly endorsed by project manager and project engineers. Which of the following is the right approach for managing stakeholder like housing manager according to Mendelow's theory?

A : ovide sufficient information to these stakeholders to ensure that they are up to date but not overwhelmed with data

B : ovide these stakeholders with minimal communication.

C : ep these stakeholders adequately informed, talk to them to ensure that no major issues arise

D : gage and make the greatest efforts with this stakeholder

Answer: D

Question 5

Which of the following are Intellectual Property Rights that you would you encounter in procurement and supply contracts? Select THREE.

A : thod Statements

B : k Assessments

C : tents

D : pywrite

E : ademark

Answer: A,C,D

Page: 1 / 77

Total 383 Questions | Updated On: Nov 12, 2024

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