Free CIPS L5M6 Exam Questions

Become CIPS Certified with updated L5M6 exam questions and correct answers

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Total 122 Questions | Updated On: Jul 11, 2022

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Question 1

According to studies completed by Reeves, Moose and Venema in 2014, which of the following was proven to be true with regards to the BCG matrix?

A : companies nowadays have more 'cash cow' items than in the past

B : oducts move through the four quadrants faster nowadays than in the past

C : ere is a higher correlation between share leaders and profit leaders nowadays than in the past

D : ere is a longer time between innovation and adoption nowadays than in the past

Answer: B

Question 2

CEB Research states that there are 6 competencies which drive strategic performance in Procurement. The ability to stay calm under pressure and handle criticism is which of the following competencies?

A : fluencer

B : aptor

C : novator

D : ults seeker

Answer: B

Question 3

On the BCG Matrix, what is a cash cow?

A : high market share, high market growth

B : gh market share, low growth

C : w market share, low growth

D : w market share, high growth

Answer: B

Question 4

Joan is a Category Manager at a packaging plant in Birmingham, UK. Her company creates and supplies different forms of packaging to manufacturers in the food and retail sectors. She is creating a Profile of the Category she manages in order to identify the spend category. By obtaining data on her Category, which of the following will Joan be able to do?

A : nd alternative suppliers

B : epare projections and budgets for the future

C : mpetitive Supplier Selection

D : nchmarking

Answer: B

Question 5

What is contract leakage?

A : en spend with a supplier is more than was stated in the contract

B : en spend with a supplier is less than was forecast

C : gap between proposed KPI levels and those actually achieved by the supplier over the course of a contract

D : gap between benefits identified in the pre-award stage of the contract and those actually achieved

Answer: D

Page: 1 / 25

Total 122 Questions | Updated On: Jul 11, 2022

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