Cips l4m2 exam questions Study guides, Class notes & Summaries

CIPS L4M2 Exam Questions with correct answers 2024/2025When should Competitive bidding not be used? - correct answer Where price cannot be establish with certainty Where price isn't the only variable Where there are significant set up costs involved Which 3 types of Whole Life Costing (WLC) models can be used in the planning stage? - correct answer Decision support models Simulation models Optimisation models What do Decision Support models do in WLC? - correct answer Identify the ...

CIPS L4M2 Exam Questions With 100% Correct Answers Re-buy - answerIt is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - answerReview of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy - answerA new purchase o...

CIPS L4M2 Exam Questions and Answers verified 100% Correct

CIPS L4M2 Exam Questions With 100% Correct Answers Re-buy - answerIt is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - answerReview of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy - answerA new purchase o...

CIPS L4M2 Exam Questions with correct answers 2024/2025 Question: 1 The position of a product in its life cycle can affect the price that suppliers set. Is this statement correct? - correct answer A. No, in market economy, the state decides the price of all goods and services B. Yes, each stage in product life cycle requires different levels of investment in promotion and distribution C. No, customer's perception of value is the ultimate determinant of the suppliers' price D. Yes, it ...

CIPS L4M2 Exam Questions With 100% Correct Answers Re-buy - answerIt is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - answerReview of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy - answerA new purchase o...

CIPS L4M2 EXAM

CIPS L4M2 Exam Questions Question: 1 The position of a product in its life cycle can affect the price that suppliers set. Is this statement correct? - correct answer A. No, in market economy, the state decides the price of all goods and services B. Yes, each stage in product life cycle requires different levels of investment in promotion and distribution C. No, customer's perception of value is the ultimate determinant of the suppliers' price D. Yes, it is always the only factor deter...

CIPS L4M2 EXAM

CIPS L4M2 EXAM