CIPS l4m8 Study guides, Class notes & Summaries
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CIPS L4M8 Chapter 1 Questions and Answers 100% Pass
- Exam (elaborations) • 55 pages • 2024
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CIPS L4M8 Chapter 1 Questions and 
 
Answers 100% Pass 
 
The 13 Stages of the Procurement Cycle Stage 1 - Identify need and develop spec. 
Stage 2 - Market commodity/make or buy options. 
Stage 3 - Develop Strategy/Plan 
Stage 4 - Pre procurement market tests 
Stage 5 - Prepare Documentation 
Stage 6 - Supplier Selection 
Stage 7 - Send ITT 
Stage 8 - Receive & Evaluate Bids 
Stage 9 - Award contract 
Stage 10 - Warehouse/logistics prep 
Stage 11 - Contract management 
Stage 12 - Relationship m...
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CIPS l4m8 Exam Questions & Answers 2024/25
- Exam (elaborations) • 28 pages • 2024
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CIPS l4m8 Exam Questions & Answers 2024/25 
 
 
S in STEEPLED - ANSWERSSocio Cultural 
 
T in STEEPLED - ANSWERSTechnological 
 
3 Es in STEEPLED - ANSWERSEconomic 
Environmental 
Ethical 
 
P in STEEPLED - ANSWERSPolitical 
 
L in STEEPLED - ANSWERSLegal 
 
D In STEEPLED - ANSWERSDemographic factors 
 
The STEEPLED analysis - ANSWERSPopular tool for analysing the macro environment 
 
5 forces model - ANSWERSThreat from new entrants 
Threat from substitutes 
Buyers bargaining power 
Suppliers ba...
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