최신 L4M2 무료덤프 - CIPS Defining Business Needs
Which of the following might be the consequences of under-specification? Select TWO that apply:
정답: A,D
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A procurement manager decided to use a conformance specification in a request for quotation (RFQ) for the manufacturing of a specialist item designed by their company. The company does not have the capability to manufacture the item in-house, but requires the item to be made to their detailed specification. Was this the correct thing to do?
정답: A
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A company buys components from its supplier. However, the supplier has not sent the invoice to the buyer and the buyer will not pay until next month. How will that amount of money be shown in the financial statements of the buying organization?
정답: D
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At which stage of product life cycle, price competition between sellers will be the most intense?
정답: A
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Raw materials used in the production of a saleable product are classed as ...
정답: D
Which of the following are main focuses of ISO 27001:2013 standard?
1. Confidentiality
2. Logistics
3. Process
4. Life cycle
1. Confidentiality
2. Logistics
3. Process
4. Life cycle
정답: D
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Which of the following is an useful tool for value engineering?
정답: A
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A hospital extensively spends on medical and implantable devices, medical, surgical and pharma-ceutical supplies, costs of supplies related to buildings and maintenance operations. Hospital's procurement manager suggests that the hospital has an opportunity to reduce operational costs by reducing variation of medical devices and pharmaceutical supplies. Which of the following best describe the procurement manager's suggestion?
정답: C
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Which of the following methods will enable a company to eliminate waste, lost time and lost material from its processes?
정답: D
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Which of the following is the disadvantage of embedding standards in a specification?
정답: A
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Which of the following are 'secondary sources' of data for costs and prices?
* Industry press
* Published economic indices
* Trade fairs
* Buyer's database on market data
* Industry press
* Published economic indices
* Trade fairs
* Buyer's database on market data
정답: B
James Hunter has received a price increase request from a supplier with its justification. The supplier has requested the price increase because there has been an increase in staff sickness absence. James has reviewed the original contract and found a buyer provision for 'risk for additional resource.' This is the first year the supplier has experienced a resource issue. What should James do?
정답: A
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Total cost of ownership of a solar panel is $5,000 and it is expected that the panel will make a sav-ing of
$1,000 each year. So it would take 5 years for the benefits to repay the investment. Therefore, the firm plans to keep the solar panel for at least 5 years. Is payback period calculation right for making the business decision?
$1,000 each year. So it would take 5 years for the benefits to repay the investment. Therefore, the firm plans to keep the solar panel for at least 5 years. Is payback period calculation right for making the business decision?
정답: A
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What is the document that defines the activities, deliverables and timelines a supplier must carry out during contract performance?
정답: A
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When analysing competitive forces in a market, which of the following can be seen as a supplier having low bargaining power? Select TWO that apply.
정답: C,E
A construction company requires a specification that details the exact composition of the concrete mix and the exact methods of construction required for its use. Which specification should it adopt?
정답: C