L4M8 100% Pass Guaranteed Download CIPS Level 4 Diploma in Procurement and Supply Exam PDF Q&A [Q41-Q60]

NO.41 Research the ethical standard or accreditation of an industry with which you are familiar.

NO.42 When benchmarking what other factors, apart from price should be considered to find the total cost of acquisition?

NO.43 Explain how influencing, can relate to corruption within procurement.

NO.44 Which Incoterm applies here?
The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination, covering the cost of both the transport and the insurance to cover this. Again, the supplier bears all risks until the goods are delivered to the buyer at their named place.

NO.45 Explain why the behavior of an organization with which you are familiar could affect its business.

NO.46 What two areas of an organization do the Kraljic Portfolio matrix uses to establish the category of a product or service?

NO.47 What is needed for a contract to be binding?

NO.48 Which contract term contains details of when a product or service should be delivered and ex-plained the potential loss of business?

NO.49 Which Incoterm applies here?
The supplier is responsible for delivering the goods to the buyer’s premises include arranging any custom clearances that applies, bearing all risk up until this point.

NO.50 Explain which company you would award the contract to base on the weighted score card in table below.

NO.51 What does the acronym SMART stand for?

NO.52 What are the five stages in Tuckman’s team Development model?

NO.53 Describe a situation where amendment or an addendum would need to be created

NO.54 Describe three ways in which a supplier could improve the effect its company has on the environ-ment.

NO.55 In relation to the case study ‘Walmart and H&M in spotlight regarding human rights in media ex-plain which human rights are not being granted to the workers.

NO.56 What effect is technology having on jobs within an organization with which you are familiar with?

NO.57 Using the case study about Toyata, which type of benchmarking Tada has used when comparing the Toyata with Porsche?

NO.58 What are the four quadrants in the Mendelow stakeholder matrix?

NO.59 What potential costs could an organization face if it fails to conduct Due diligence effectively?

NO.60 Use the balance sheet below to work out the correct ratio for coffee Time and explain whether the company appears to have enough assets to cover it liability.