{"id":111609,"date":"2025-09-30T05:58:15","date_gmt":"2025-09-30T05:58:15","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=111609"},"modified":"2025-10-09T07:05:16","modified_gmt":"2025-10-09T07:05:16","slug":"latest-l4m6-exam-dumps-v11-02-with-accurate-questions-and-answers-checking-l4m6-free-dumps-part-1-q1-q40-first","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/latest-l4m6-exam-dumps-v11-02-with-accurate-questions-and-answers-checking-l4m6-free-dumps-part-1-q1-q40-first.html","title":{"rendered":"Latest L4M6 Exam Dumps (V11.02) with Accurate Questions and Answers: Checking L4M6 Free Dumps (Part 1, Q1-Q40) First"},"content":{"rendered":"<p>Get a step closer to your <a href=\"https:\/\/www.dumpsbase.com\/cips-level-4-diploma-in-procurement-and-supply.html\"><em><strong>CIPS Level 4 Qualification<\/strong><\/em><\/a> Supplier Relationships (L4M6) certification exam with the latest L4M6 exam dumps (V11.02). We set accurate questions and answers for your learning, which cover all major areas of the L4M6 exam, to help solidify your understanding and sharpen your exam skills. Trusted by thousands of professionals worldwide, our L4M6 exam dumps (V11.02) have helped candidates succeed with confidence. Prepare quickly with these updated questions and answers today. We guarantee that you can access the latest study materials that are built for first-attempt success. Visit DumpsBase today and boost your score with the latest L4M6 dumps now. We will share free demo questions online, helping you check the quality first.<\/p>\n<h2>Checking <span style=\"background-color: #00ff00;\"><em>L4M6 free dumps (Part 1, Q1-Q40) of V11.02<\/em><\/span> first below:<\/h2>\n<script>\n\t  window.fbAsyncInit = function() {\n\t    FB.init({\n\t      appId            : '622169541470367',\n\t      autoLogAppEvents : true,\n\t      xfbml            : true,\n\t      version          : 'v3.1'\n\t    });\n\t  };\n\t\n\t  (function(d, s, id){\n\t     var js, fjs = d.getElementsByTagName(s)[0];\n\t     if (d.getElementById(id)) {return;}\n\t     js = d.createElement(s); js.id = id;\n\t     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n\t     fjs.parentNode.insertBefore(js, fjs);\n\t   }(document, 'script', 'facebook-jssdk'));\n\t<\/script><script type=\"text\/javascript\" >\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \nif(!window.jQuery) alert(\"The important jQuery library is not properly loaded in your site. Your WordPress theme is probably missing the essential wp_head() call. You can switch to another theme and you will see that the plugin works fine and this notice disappears. If you are still not sure what to do you can contact us for help.\");\n});\n<\/script>  \n  \n<div  id=\"watupro_quiz\" class=\"quiz-area single-page-quiz\">\n<p id=\"submittingExam10920\" style=\"display:none;text-align:center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\"><\/p>\n\n<div class=\"watupro-exam-description\" id=\"description-quiz-10920\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-10920\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-430363'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>Which circumstances make a buyer more attractive to the supplier?<\/div><input type='hidden' name='question_id[]' id='qID_1' value='430363' \/><input type='hidden' id='answerType430363' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430363[]' id='answer-id-1665714' class='answer   answerof-430363 ' value='1665714'   \/><label for='answer-id-1665714' id='answer-label-1665714' class=' answer'><span>Where the brand profile is high<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430363[]' id='answer-id-1665715' class='answer   answerof-430363 ' value='1665715'   \/><label for='answer-id-1665715' id='answer-label-1665715' class=' answer'><span>When the buyer negotiates longer credit terms<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430363[]' id='answer-id-1665716' class='answer   answerof-430363 ' value='1665716'   \/><label for='answer-id-1665716' id='answer-label-1665716' class=' answer'><span>Where the buyer exercises a stringent code of conduct<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430363[]' id='answer-id-1665717' class='answer   answerof-430363 ' value='1665717'   \/><label for='answer-id-1665717' id='answer-label-1665717' class=' answer'><span>When the buyer is very procedural in its systems<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-2' style=';'><div id='questionWrap-2'  class='   watupro-question-id-430364'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>How would a buyer measure value for money from a relationship with a new supplier for goods?<\/div><input type='hidden' name='question_id[]' id='qID_2' value='430364' \/><input type='hidden' id='answerType430364' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430364[]' id='answer-id-1665718' class='answer   answerof-430364 ' value='1665718'   \/><label for='answer-id-1665718' id='answer-label-1665718' class=' answer'><span>Audit of how suppliers promise<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430364[]' id='answer-id-1665719' class='answer   answerof-430364 ' value='1665719'   \/><label for='answer-id-1665719' id='answer-label-1665719' class=' answer'><span>Lowest possible cost<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430364[]' id='answer-id-1665720' class='answer   answerof-430364 ' value='1665720'   \/><label for='answer-id-1665720' id='answer-label-1665720' class=' answer'><span>Balance of quality and cost<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430364[]' id='answer-id-1665721' class='answer   answerof-430364 ' value='1665721'   \/><label for='answer-id-1665721' id='answer-label-1665721' class=' answer'><span>Quality and volume of goods<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-3' style=';'><div id='questionWrap-3'  class='   watupro-question-id-430365'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>In which procurement process is a PQQ not issued?<\/div><input type='hidden' name='question_id[]' id='qID_3' value='430365' \/><input type='hidden' id='answerType430365' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430365[]' id='answer-id-1665722' class='answer   answerof-430365 ' value='1665722'   \/><label for='answer-id-1665722' id='answer-label-1665722' class=' answer'><span>Open<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430365[]' id='answer-id-1665723' class='answer   answerof-430365 ' value='1665723'   \/><label for='answer-id-1665723' id='answer-label-1665723' class=' answer'><span>Restricted<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430365[]' id='answer-id-1665724' class='answer   answerof-430365 ' value='1665724'   \/><label for='answer-id-1665724' id='answer-label-1665724' class=' answer'><span>Competitive Procedure with Negotiation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430365[]' id='answer-id-1665725' class='answer   answerof-430365 ' value='1665725'   \/><label for='answer-id-1665725' id='answer-label-1665725' class=' answer'><span>Competitive Dialogue<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-4' style=';'><div id='questionWrap-4'  class='   watupro-question-id-430366'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>Which of the following documents can be used at the selection stage of a tender process to ensure that short listed bidders meet the requirements of the buying organisation? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_4' value='430366' \/><input type='hidden' id='answerType430366' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430366[]' id='answer-id-1665726' class='answer   answerof-430366 ' value='1665726'   \/><label for='answer-id-1665726' id='answer-label-1665726' class=' answer'><span>Request for Information<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430366[]' id='answer-id-1665727' class='answer   answerof-430366 ' value='1665727'   \/><label for='answer-id-1665727' id='answer-label-1665727' class=' answer'><span>Request for Quotation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430366[]' id='answer-id-1665728' class='answer   answerof-430366 ' value='1665728'   \/><label for='answer-id-1665728' id='answer-label-1665728' class=' answer'><span>Pre-Qualification Questionnaire<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430366[]' id='answer-id-1665729' class='answer   answerof-430366 ' value='1665729'   \/><label for='answer-id-1665729' id='answer-label-1665729' class=' answer'><span>Invitation to Tender<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-5' style=';'><div id='questionWrap-5'  class='   watupro-question-id-430367'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>Beyond Say is a manufacturer of diamond rings. It sources a lot of different parts to create its products including diamonds, gold, cardboard boxes for the rings to go in, as well as stationary and copier paper for the offices. Although it doesn't buy many diamonds, these represent a large part of Beyond Say's spend. <br \/>\r<br>Which category of spend would diamonds represent?<\/div><input type='hidden' name='question_id[]' id='qID_5' value='430367' \/><input type='hidden' id='answerType430367' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430367[]' id='answer-id-1665730' class='answer   answerof-430367 ' value='1665730'   \/><label for='answer-id-1665730' id='answer-label-1665730' class=' answer'><span>Option<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430367[]' id='answer-id-1665731' class='answer   answerof-430367 ' value='1665731'   \/><label for='answer-id-1665731' id='answer-label-1665731' class=' answer'><span>Option<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430367[]' id='answer-id-1665732' class='answer   answerof-430367 ' value='1665732'   \/><label for='answer-id-1665732' id='answer-label-1665732' class=' answer'><span>Option<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430367[]' id='answer-id-1665733' class='answer   answerof-430367 ' value='1665733'   \/><label for='answer-id-1665733' id='answer-label-1665733' class=' answer'><span>It isn't possible to tell<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-6' style=';'><div id='questionWrap-6'  class='   watupro-question-id-430368'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>A company is about to invite tenders for a contract to clean external windows at several premises, all at least three storeys high. It is going to do this in two stages. For the first stage, it will issue a pre-qualification questionnaire (PQQ) and, from the replies, select at least five potential suppliers to invite to tender. <br \/>\r<br>Which of the following is a selection criterion rather than an award criterion?<\/div><input type='hidden' name='question_id[]' id='qID_6' value='430368' \/><input type='hidden' id='answerType430368' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430368[]' id='answer-id-1665734' class='answer   answerof-430368 ' value='1665734'   \/><label for='answer-id-1665734' id='answer-label-1665734' class=' answer'><span>Risk assessments at the premises<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430368[]' id='answer-id-1665735' class='answer   answerof-430368 ' value='1665735'   \/><label for='answer-id-1665735' id='answer-label-1665735' class=' answer'><span>Method statements for previous contracts<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430368[]' id='answer-id-1665736' class='answer   answerof-430368 ' value='1665736'   \/><label for='answer-id-1665736' id='answer-label-1665736' class=' answer'><span>Price that will be charged<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430368[]' id='answer-id-1665737' class='answer   answerof-430368 ' value='1665737'   \/><label for='answer-id-1665737' id='answer-label-1665737' class=' answer'><span>Environmental impact assessment<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-7' style=';'><div id='questionWrap-7'  class='   watupro-question-id-430369'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>According to Michael Porter, what is procurement?<\/div><input type='hidden' name='question_id[]' id='qID_7' value='430369' \/><input type='hidden' id='answerType430369' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430369[]' id='answer-id-1665738' class='answer   answerof-430369 ' value='1665738'   \/><label for='answer-id-1665738' id='answer-label-1665738' class=' answer'><span>a support activity which provides a source of competitive advantage<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430369[]' id='answer-id-1665739' class='answer   answerof-430369 ' value='1665739'   \/><label for='answer-id-1665739' id='answer-label-1665739' class=' answer'><span>a primary activity which provides a source of competitive activity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430369[]' id='answer-id-1665740' class='answer   answerof-430369 ' value='1665740'   \/><label for='answer-id-1665740' id='answer-label-1665740' class=' answer'><span>a primary activity which provides value for money<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430369[]' id='answer-id-1665741' class='answer   answerof-430369 ' value='1665741'   \/><label for='answer-id-1665741' id='answer-label-1665741' class=' answer'><span>a secondary activity which provides value for money<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-8' style=';'><div id='questionWrap-8'  class='   watupro-question-id-430370'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>Sandra is a buyer for a large supermarket and has been increasing unhappy with the performance of a long-term supplier of bananas. Over time the deliveries have become unreliable and this has had impacts on the supermarket\u2019s profitability. <br \/>\r<br>What should Sandra do first?<\/div><input type='hidden' name='question_id[]' id='qID_8' value='430370' \/><input type='hidden' id='answerType430370' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430370[]' id='answer-id-1665742' class='answer   answerof-430370 ' value='1665742'   \/><label for='answer-id-1665742' id='answer-label-1665742' class=' answer'><span>Obtain business approval to terminate the contract<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430370[]' id='answer-id-1665743' class='answer   answerof-430370 ' value='1665743'   \/><label for='answer-id-1665743' id='answer-label-1665743' class=' answer'><span>Develop an exit strategy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430370[]' id='answer-id-1665744' class='answer   answerof-430370 ' value='1665744'   \/><label for='answer-id-1665744' id='answer-label-1665744' class=' answer'><span>Review the market and look for an alternative supplier<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430370[]' id='answer-id-1665745' class='answer   answerof-430370 ' value='1665745'   \/><label for='answer-id-1665745' id='answer-label-1665745' class=' answer'><span>Give written notice to the supplier of plans to terminate<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-430371'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>A low-cost fashion retailer based in Europe is looking at adding value in their procurement activities. The retailer buys clothing for resale with a very small profit margin applied, relying on volume sales to make a profit. <br \/>\r<br>Which of the following added-value approaches will be the most critical for the procurement team of the retailer to focus on with their supply chain?<\/div><input type='hidden' name='question_id[]' id='qID_9' value='430371' \/><input type='hidden' id='answerType430371' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430371[]' id='answer-id-1665746' class='answer   answerof-430371 ' value='1665746'   \/><label for='answer-id-1665746' id='answer-label-1665746' class=' answer'><span>Improving timescales<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430371[]' id='answer-id-1665747' class='answer   answerof-430371 ' value='1665747'   \/><label for='answer-id-1665747' id='answer-label-1665747' class=' answer'><span>Quality enhancement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430371[]' id='answer-id-1665748' class='answer   answerof-430371 ' value='1665748'   \/><label for='answer-id-1665748' id='answer-label-1665748' class=' answer'><span>Reduction of inventory<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430371[]' id='answer-id-1665749' class='answer   answerof-430371 ' value='1665749'   \/><label for='answer-id-1665749' id='answer-label-1665749' class=' answer'><span>Price management<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-430372'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>Which of the following would you use to qualify new suppliers? Select THREE.<\/div><input type='hidden' name='question_id[]' id='qID_10' value='430372' \/><input type='hidden' id='answerType430372' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430372[]' id='answer-id-1665750' class='answer   answerof-430372 ' value='1665750'   \/><label for='answer-id-1665750' id='answer-label-1665750' class=' answer'><span>competency<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430372[]' id='answer-id-1665751' class='answer   answerof-430372 ' value='1665751'   \/><label for='answer-id-1665751' id='answer-label-1665751' class=' answer'><span>cash<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430372[]' id='answer-id-1665752' class='answer   answerof-430372 ' value='1665752'   \/><label for='answer-id-1665752' id='answer-label-1665752' class=' answer'><span>culture<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430372[]' id='answer-id-1665753' class='answer   answerof-430372 ' value='1665753'   \/><label for='answer-id-1665753' id='answer-label-1665753' class=' answer'><span>cooperation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430372[]' id='answer-id-1665754' class='answer   answerof-430372 ' value='1665754'   \/><label for='answer-id-1665754' id='answer-label-1665754' class=' answer'><span>coordination<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-11' style=';'><div id='questionWrap-11'  class='   watupro-question-id-430373'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>Which of the following are advantages of partnering?<\/div><input type='hidden' name='question_id[]' id='qID_11' value='430373' \/><input type='hidden' id='answerType430373' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430373[]' id='answer-id-1665755' class='answer   answerof-430373 ' value='1665755'   \/><label for='answer-id-1665755' id='answer-label-1665755' class=' answer'><span>Supply chain consolidation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430373[]' id='answer-id-1665756' class='answer   answerof-430373 ' value='1665756'   \/><label for='answer-id-1665756' id='answer-label-1665756' class=' answer'><span>Continual improvement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430373[]' id='answer-id-1665757' class='answer   answerof-430373 ' value='1665757'   \/><label for='answer-id-1665757' id='answer-label-1665757' class=' answer'><span>Hard to displace<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430373[]' id='answer-id-1665758' class='answer   answerof-430373 ' value='1665758'   \/><label for='answer-id-1665758' id='answer-label-1665758' class=' answer'><span>Prioritization of transactions<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-430374'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>Under which circumstances would a partnership sourcing approach be used?<\/div><input type='hidden' name='question_id[]' id='qID_12' value='430374' \/><input type='hidden' id='answerType430374' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430374[]' id='answer-id-1665759' class='answer   answerof-430374 ' value='1665759'   \/><label for='answer-id-1665759' id='answer-label-1665759' class=' answer'><span>1 and 2 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430374[]' id='answer-id-1665760' class='answer   answerof-430374 ' value='1665760'   \/><label for='answer-id-1665760' id='answer-label-1665760' class=' answer'><span>1 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430374[]' id='answer-id-1665761' class='answer   answerof-430374 ' value='1665761'   \/><label for='answer-id-1665761' id='answer-label-1665761' class=' answer'><span>1 and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430374[]' id='answer-id-1665762' class='answer   answerof-430374 ' value='1665762'   \/><label for='answer-id-1665762' id='answer-label-1665762' class=' answer'><span>2 and 4 only<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-430375'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>An automotive company has hired Tom as the procurement manager. Tom is to manage a team of two people who have worked in the department for a number of years. Conflict exists between the two members of staff due to an overlap of responsibilities. <br \/>\r<br>Which of the following processes would be most appropriate for Tom to use to reduce this conflict?<\/div><input type='hidden' name='question_id[]' id='qID_13' value='430375' \/><input type='hidden' id='answerType430375' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430375[]' id='answer-id-1665763' class='answer   answerof-430375 ' value='1665763'   \/><label for='answer-id-1665763' id='answer-label-1665763' class=' answer'><span>Tom could avoid mentioning the conflict and hope that it is resolved without action<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430375[]' id='answer-id-1665764' class='answer   answerof-430375 ' value='1665764'   \/><label for='answer-id-1665764' id='answer-label-1665764' class=' answer'><span>Tom could hire an additional member of staff to take on some of the duties<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430375[]' id='answer-id-1665765' class='answer   answerof-430375 ' value='1665765'   \/><label for='answer-id-1665765' id='answer-label-1665765' class=' answer'><span>Tom could restructure the team so both members do not have to work together<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430375[]' id='answer-id-1665766' class='answer   answerof-430375 ' value='1665766'   \/><label for='answer-id-1665766' id='answer-label-1665766' class=' answer'><span>Tom could arrange a meeting and set performance targets for each member<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-430376'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>In the 1990s, a manufacturer of portable music players partnered with a mini-disk producer. The aim of the partnership was to reduce the size and cost of the devices and enhance flexibility. Sales of the product after launch were low due to a competitive launch of small digital players, which offered better flexibility to customers at a comparable price. The partners suffered substantial loss and never recovered the investment. <br \/>\r<br>In order to mitigate the risk described, what should both partners have considered before investing in the product? Select the TWO that apply.<\/div><input type='hidden' name='question_id[]' id='qID_14' value='430376' \/><input type='hidden' id='answerType430376' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430376[]' id='answer-id-1665767' class='answer   answerof-430376 ' value='1665767'   \/><label for='answer-id-1665767' id='answer-label-1665767' class=' answer'><span>Fast charging markers<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430376[]' id='answer-id-1665768' class='answer   answerof-430376 ' value='1665768'   \/><label for='answer-id-1665768' id='answer-label-1665768' class=' answer'><span>Customer price expectation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430376[]' id='answer-id-1665769' class='answer   answerof-430376 ' value='1665769'   \/><label for='answer-id-1665769' id='answer-label-1665769' class=' answer'><span>New substitute technology<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430376[]' id='answer-id-1665770' class='answer   answerof-430376 ' value='1665770'   \/><label for='answer-id-1665770' id='answer-label-1665770' class=' answer'><span>Cost of investment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430376[]' id='answer-id-1665771' class='answer   answerof-430376 ' value='1665771'   \/><label for='answer-id-1665771' id='answer-label-1665771' class=' answer'><span>Legal implication of partnering<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-15' style=';'><div id='questionWrap-15'  class='   watupro-question-id-430377'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>A common reason attributed to many partnerships failing is ...<\/div><input type='hidden' name='question_id[]' id='qID_15' value='430377' \/><input type='hidden' id='answerType430377' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430377[]' id='answer-id-1665772' class='answer   answerof-430377 ' value='1665772'   \/><label for='answer-id-1665772' id='answer-label-1665772' class=' answer'><span>A bad advertising campaign<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430377[]' id='answer-id-1665773' class='answer   answerof-430377 ' value='1665773'   \/><label for='answer-id-1665773' id='answer-label-1665773' class=' answer'><span>Not winning every contract they bid for<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430377[]' id='answer-id-1665774' class='answer   answerof-430377 ' value='1665774'   \/><label for='answer-id-1665774' id='answer-label-1665774' class=' answer'><span>No contract being in place<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430377[]' id='answer-id-1665775' class='answer   answerof-430377 ' value='1665775'   \/><label for='answer-id-1665775' id='answer-label-1665775' class=' answer'><span>Poor communication<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-16' style=';'><div id='questionWrap-16'  class='   watupro-question-id-430378'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>Which of the following are advantages for the buyer of entering into a partnership? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_16' value='430378' \/><input type='hidden' id='answerType430378' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430378[]' id='answer-id-1665776' class='answer   answerof-430378 ' value='1665776'   \/><label for='answer-id-1665776' id='answer-label-1665776' class=' answer'><span>They are likely to be able to gain price stability<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430378[]' id='answer-id-1665777' class='answer   answerof-430378 ' value='1665777'   \/><label for='answer-id-1665777' id='answer-label-1665777' class=' answer'><span>There may be greater continuity of supply<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430378[]' id='answer-id-1665778' class='answer   answerof-430378 ' value='1665778'   \/><label for='answer-id-1665778' id='answer-label-1665778' class=' answer'><span>They will gain an increased volume of business<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430378[]' id='answer-id-1665779' class='answer   answerof-430378 ' value='1665779'   \/><label for='answer-id-1665779' id='answer-label-1665779' class=' answer'><span>The supplier may become complacent<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-17' style=';'><div id='questionWrap-17'  class='   watupro-question-id-430379'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>A partnership was created between a company and one of its local suppliers when the managing directors of each company met and thought partnering could be a good idea. No other departments were included in the discussions. The partnership has been in place for over a year, but neither of the companies has achieved any additional benefits. The company has been unable to offer any increased business to the supplier, and the supplier has been unable to improve on the quality of its products. The partnership is going to be terminated. <br \/>\r<br>What is a possible main reason for the failure of the partnership?<\/div><input type='hidden' name='question_id[]' id='qID_17' value='430379' \/><input type='hidden' id='answerType430379' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430379[]' id='answer-id-1665780' class='answer   answerof-430379 ' value='1665780'   \/><label for='answer-id-1665780' id='answer-label-1665780' class=' answer'><span>Poor planning<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430379[]' id='answer-id-1665781' class='answer   answerof-430379 ' value='1665781'   \/><label for='answer-id-1665781' id='answer-label-1665781' class=' answer'><span>Market changes<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430379[]' id='answer-id-1665782' class='answer   answerof-430379 ' value='1665782'   \/><label for='answer-id-1665782' id='answer-label-1665782' class=' answer'><span>Distance barrier<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430379[]' id='answer-id-1665783' class='answer   answerof-430379 ' value='1665783'   \/><label for='answer-id-1665783' id='answer-label-1665783' class=' answer'><span>Cultural differences<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-18' style=';'><div id='questionWrap-18'  class='   watupro-question-id-430380'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>The executive board of a manufacturing company is requesting support from the procurement team because the company needs to improve its levels of profitability. After segmenting the overall spend by value and risk of supply, the senior buyer for the company is planning to undertake a cost modeling activity. This will be undertaken with a cross-organizational team of internal stakeholders and key strategic suppliers. <br \/>\r<br>What would be the buyer's initial objective from the cost modeling activity?<\/div><input type='hidden' name='question_id[]' id='qID_18' value='430380' \/><input type='hidden' id='answerType430380' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430380[]' id='answer-id-1665784' class='answer   answerof-430380 ' value='1665784'   \/><label for='answer-id-1665784' id='answer-label-1665784' class=' answer'><span>To understand the supplier's competitive threats<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430380[]' id='answer-id-1665785' class='answer   answerof-430380 ' value='1665785'   \/><label for='answer-id-1665785' id='answer-label-1665785' class=' answer'><span>To understand the supplier's financial status<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430380[]' id='answer-id-1665786' class='answer   answerof-430380 ' value='1665786'   \/><label for='answer-id-1665786' id='answer-label-1665786' class=' answer'><span>To understand the supplier's pricing strategy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430380[]' id='answer-id-1665787' class='answer   answerof-430380 ' value='1665787'   \/><label for='answer-id-1665787' id='answer-label-1665787' class=' answer'><span>To understand the supplier's investment plans<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-19' style=';'><div id='questionWrap-19'  class='   watupro-question-id-430381'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>Construct Builders Ltd works very closely with a supplier called Solid Timber Co on house-building projects. They have a very close working relationship, sharing investment, setting pricing levels, and looking at sharing resources. The two companies also work closely together to set strategic directions and explore new markets for long-term growth. There is no formal contract in place between the two companies. <br \/>\r<br>Using the relationship spectrum, what relationship does this scenario best describe?<\/div><input type='hidden' name='question_id[]' id='qID_19' value='430381' \/><input type='hidden' id='answerType430381' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430381[]' id='answer-id-1665788' class='answer   answerof-430381 ' value='1665788'   \/><label for='answer-id-1665788' id='answer-label-1665788' class=' answer'><span>Constructive<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430381[]' id='answer-id-1665789' class='answer   answerof-430381 ' value='1665789'   \/><label for='answer-id-1665789' id='answer-label-1665789' class=' answer'><span>Transactional<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430381[]' id='answer-id-1665790' class='answer   answerof-430381 ' value='1665790'   \/><label for='answer-id-1665790' id='answer-label-1665790' class=' answer'><span>Co-operative<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430381[]' id='answer-id-1665791' class='answer   answerof-430381 ' value='1665791'   \/><label for='answer-id-1665791' id='answer-label-1665791' class=' answer'><span>Partnership<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-20' style=';'><div id='questionWrap-20'  class='   watupro-question-id-430382'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>A company is relocating its manufacturing base to a low-cost country and is considering a partnership with a local supplier for its key components rather than a tender process. Although there are some concerns regarding confidentiality and component competitiveness, the procurement director is recommending a partnership strategy to the board of directors. The recommendation is based on a range of advantages including, but not limited to, gaining local market knowledge. <br \/>\r<br>Is this a valid recommendation?<\/div><input type='hidden' name='question_id[]' id='qID_20' value='430382' \/><input type='hidden' id='answerType430382' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430382[]' id='answer-id-1665792' class='answer   answerof-430382 ' value='1665792'   \/><label for='answer-id-1665792' id='answer-label-1665792' class=' answer'><span>No, because confidentiality risk will be higher in a partnership<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430382[]' id='answer-id-1665793' class='answer   answerof-430382 ' value='1665793'   \/><label for='answer-id-1665793' id='answer-label-1665793' class=' answer'><span>Yes, as intellectual property costs will be lower in a partnership<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430382[]' id='answer-id-1665794' class='answer   answerof-430382 ' value='1665794'   \/><label for='answer-id-1665794' id='answer-label-1665794' class=' answer'><span>No, local market knowledge is guaranteed in a tender process<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430382[]' id='answer-id-1665795' class='answer   answerof-430382 ' value='1665795'   \/><label for='answer-id-1665795' id='answer-label-1665795' class=' answer'><span>Yes, as investment costs can be shared in a partnership<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-21' style=';'><div id='questionWrap-21'  class='   watupro-question-id-430383'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>21. <\/span>Value for money is often described at the \u2018three Es\u2019; economy, efficiency and effectiveness. However some people consider a 4th E which refers to the public sector. <br \/>\r<br>What is the fourth E?<\/div><input type='hidden' name='question_id[]' id='qID_21' value='430383' \/><input type='hidden' id='answerType430383' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430383[]' id='answer-id-1665796' class='answer   answerof-430383 ' value='1665796'   \/><label for='answer-id-1665796' id='answer-label-1665796' class=' answer'><span>Equality<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430383[]' id='answer-id-1665797' class='answer   answerof-430383 ' value='1665797'   \/><label for='answer-id-1665797' id='answer-label-1665797' class=' answer'><span>Environment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430383[]' id='answer-id-1665798' class='answer   answerof-430383 ' value='1665798'   \/><label for='answer-id-1665798' id='answer-label-1665798' class=' answer'><span>Equity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430383[]' id='answer-id-1665799' class='answer   answerof-430383 ' value='1665799'   \/><label for='answer-id-1665799' id='answer-label-1665799' class=' answer'><span>Ethics<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-22' style=';'><div id='questionWrap-22'  class='   watupro-question-id-430384'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>22. <\/span>A medical consumables buyer has adopted a close relationship approach with their suppliers that are considered to be complicated, technical suppliers. <br \/>\r<br>Is this the right approach?<\/div><input type='hidden' name='question_id[]' id='qID_22' value='430384' \/><input type='hidden' id='answerType430384' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430384[]' id='answer-id-1665800' class='answer   answerof-430384 ' value='1665800'   \/><label for='answer-id-1665800' id='answer-label-1665800' class=' answer'><span>Yes, as the items are of high financial risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430384[]' id='answer-id-1665801' class='answer   answerof-430384 ' value='1665801'   \/><label for='answer-id-1665801' id='answer-label-1665801' class=' answer'><span>No, as there is often a supply risk with items offered<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430384[]' id='answer-id-1665802' class='answer   answerof-430384 ' value='1665802'   \/><label for='answer-id-1665802' id='answer-label-1665802' class=' answer'><span>Yes, as all the items supplied are off the shelf<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430384[]' id='answer-id-1665803' class='answer   answerof-430384 ' value='1665803'   \/><label for='answer-id-1665803' id='answer-label-1665803' class=' answer'><span>No, as there are only a small number of suppliers in the marketplace<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-23' style=';'><div id='questionWrap-23'  class='   watupro-question-id-430385'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>23. <\/span>Which of the following tender processes available to a buyer involves a Pre-Qualification Questionnaire (PQQ) to identify, assess, and create a shortlist of suppliers being invited to the Invitation to Tender (ITT) stage? Select TWO that apply.<\/div><input type='hidden' name='question_id[]' id='qID_23' value='430385' \/><input type='hidden' id='answerType430385' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430385[]' id='answer-id-1665804' class='answer   answerof-430385 ' value='1665804'   \/><label for='answer-id-1665804' id='answer-label-1665804' class=' answer'><span>Open Procedure<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430385[]' id='answer-id-1665805' class='answer   answerof-430385 ' value='1665805'   \/><label for='answer-id-1665805' id='answer-label-1665805' class=' answer'><span>Mini-Competition Procedure<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430385[]' id='answer-id-1665806' class='answer   answerof-430385 ' value='1665806'   \/><label for='answer-id-1665806' id='answer-label-1665806' class=' answer'><span>Restricted Procedure<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430385[]' id='answer-id-1665807' class='answer   answerof-430385 ' value='1665807'   \/><label for='answer-id-1665807' id='answer-label-1665807' class=' answer'><span>Two-stage Procedure<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430385[]' id='answer-id-1665808' class='answer   answerof-430385 ' value='1665808'   \/><label for='answer-id-1665808' id='answer-label-1665808' class=' answer'><span>Competitive Bidding Procedure<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-24' style=';'><div id='questionWrap-24'  class='   watupro-question-id-430386'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>24. <\/span>Products or services that are more suitable for partnership sourcing match which of the following criteria?<\/div><input type='hidden' name='question_id[]' id='qID_24' value='430386' \/><input type='hidden' id='answerType430386' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430386[]' id='answer-id-1665809' class='answer   answerof-430386 ' value='1665809'   \/><label for='answer-id-1665809' id='answer-label-1665809' class=' answer'><span>1 and 2 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430386[]' id='answer-id-1665810' class='answer   answerof-430386 ' value='1665810'   \/><label for='answer-id-1665810' id='answer-label-1665810' class=' answer'><span>2 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430386[]' id='answer-id-1665811' class='answer   answerof-430386 ' value='1665811'   \/><label for='answer-id-1665811' id='answer-label-1665811' class=' answer'><span>1 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430386[]' id='answer-id-1665812' class='answer   answerof-430386 ' value='1665812'   \/><label for='answer-id-1665812' id='answer-label-1665812' class=' answer'><span>2 and 4 only<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-25' style=';'><div id='questionWrap-25'  class='   watupro-question-id-430387'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>25. <\/span>In Public Sector procurement a PIN is sent out to inform suppliers of an upcoming tender opportunity. <br \/>\r<br>What does PIN stand for?<\/div><input type='hidden' name='question_id[]' id='qID_25' value='430387' \/><input type='hidden' id='answerType430387' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430387[]' id='answer-id-1665813' class='answer   answerof-430387 ' value='1665813'   \/><label for='answer-id-1665813' id='answer-label-1665813' class=' answer'><span>Prior Information Notice<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430387[]' id='answer-id-1665814' class='answer   answerof-430387 ' value='1665814'   \/><label for='answer-id-1665814' id='answer-label-1665814' class=' answer'><span>Procurement Information Number<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430387[]' id='answer-id-1665815' class='answer   answerof-430387 ' value='1665815'   \/><label for='answer-id-1665815' id='answer-label-1665815' class=' answer'><span>Procurement Identification Number<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430387[]' id='answer-id-1665816' class='answer   answerof-430387 ' value='1665816'   \/><label for='answer-id-1665816' id='answer-label-1665816' class=' answer'><span>Possibilities Identified Notice<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-26' style=';'><div id='questionWrap-26'  class='   watupro-question-id-430388'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>26. <\/span>Which of the following are possible drivers for partnership sourcing? Select THREE.<\/div><input type='hidden' name='question_id[]' id='qID_26' value='430388' \/><input type='hidden' id='answerType430388' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430388[]' id='answer-id-1665817' class='answer   answerof-430388 ' value='1665817'   \/><label for='answer-id-1665817' id='answer-label-1665817' class=' answer'><span>The protection of intellectual property rights<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430388[]' id='answer-id-1665818' class='answer   answerof-430388 ' value='1665818'   \/><label for='answer-id-1665818' id='answer-label-1665818' class=' answer'><span>The marketplace has become more volatile<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430388[]' id='answer-id-1665819' class='answer   answerof-430388 ' value='1665819'   \/><label for='answer-id-1665819' id='answer-label-1665819' class=' answer'><span>Working together will create synergies<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430388[]' id='answer-id-1665820' class='answer   answerof-430388 ' value='1665820'   \/><label for='answer-id-1665820' id='answer-label-1665820' class=' answer'><span>The need to improve performance to satisfy the end customer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430388[]' id='answer-id-1665821' class='answer   answerof-430388 ' value='1665821'   \/><label for='answer-id-1665821' id='answer-label-1665821' class=' answer'><span>To increase production costs and lead-times<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-27' style=';'><div id='questionWrap-27'  class='   watupro-question-id-430389'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>27. <\/span>Joseph works as a category manager for a large electricity supply company. His company is one of six electricity companies in the country. All have a high annual spend on the same specifications of cable. There are only five cable manufacturers capable of supplying the cables. Joseph has established all the suppliers use the same raw materials using the same types of manufacturing lines. Prices tendered by all suppliers are very similar. After paying for the cable, Joseph\u2019s company spends an additional 25% on moving and installing the cable. <br \/>\r<br>In order to enable Joseph to gain advantage over the other electricity companies, which type of supplier relationship should he adopt?<\/div><input type='hidden' name='question_id[]' id='qID_27' value='430389' \/><input type='hidden' id='answerType430389' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430389[]' id='answer-id-1665822' class='answer   answerof-430389 ' value='1665822'   \/><label for='answer-id-1665822' id='answer-label-1665822' class=' answer'><span>Single-sourced<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430389[]' id='answer-id-1665823' class='answer   answerof-430389 ' value='1665823'   \/><label for='answer-id-1665823' id='answer-label-1665823' class=' answer'><span>Closer tactical<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430389[]' id='answer-id-1665824' class='answer   answerof-430389 ' value='1665824'   \/><label for='answer-id-1665824' id='answer-label-1665824' class=' answer'><span>Transactional<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430389[]' id='answer-id-1665825' class='answer   answerof-430389 ' value='1665825'   \/><label for='answer-id-1665825' id='answer-label-1665825' class=' answer'><span>Partnership<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-28' style=';'><div id='questionWrap-28'  class='   watupro-question-id-430390'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>28. <\/span>Which of the following are features of a partnership sourcing relationship compared with a traditional adversarial relationship? Select TWO that apply.<\/div><input type='hidden' name='question_id[]' id='qID_28' value='430390' \/><input type='hidden' id='answerType430390' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430390[]' id='answer-id-1665826' class='answer   answerof-430390 ' value='1665826'   \/><label for='answer-id-1665826' id='answer-label-1665826' class=' answer'><span>Emphasis on quality with zero defects<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430390[]' id='answer-id-1665827' class='answer   answerof-430390 ' value='1665827'   \/><label for='answer-id-1665827' id='answer-label-1665827' class=' answer'><span>Emphasis on the lowest price<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430390[]' id='answer-id-1665828' class='answer   answerof-430390 ' value='1665828'   \/><label for='answer-id-1665828' id='answer-label-1665828' class=' answer'><span>Emphasis on inspection of incoming supplies<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430390[]' id='answer-id-1665829' class='answer   answerof-430390 ' value='1665829'   \/><label for='answer-id-1665829' id='answer-label-1665829' class=' answer'><span>Emphasis on short-term relationship<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430390[]' id='answer-id-1665830' class='answer   answerof-430390 ' value='1665830'   \/><label for='answer-id-1665830' id='answer-label-1665830' class=' answer'><span>Emphasis on long-term relationship<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-29' style=';'><div id='questionWrap-29'  class='   watupro-question-id-430391'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>29. <\/span>Which of the following are considered part of the '5 Rights of Procurement'? Select THREE.<\/div><input type='hidden' name='question_id[]' id='qID_29' value='430391' \/><input type='hidden' id='answerType430391' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430391[]' id='answer-id-1665831' class='answer   answerof-430391 ' value='1665831'   \/><label for='answer-id-1665831' id='answer-label-1665831' class=' answer'><span>place<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430391[]' id='answer-id-1665832' class='answer   answerof-430391 ' value='1665832'   \/><label for='answer-id-1665832' id='answer-label-1665832' class=' answer'><span>quality<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430391[]' id='answer-id-1665833' class='answer   answerof-430391 ' value='1665833'   \/><label for='answer-id-1665833' id='answer-label-1665833' class=' answer'><span>cost<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430391[]' id='answer-id-1665834' class='answer   answerof-430391 ' value='1665834'   \/><label for='answer-id-1665834' id='answer-label-1665834' class=' answer'><span>focus<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430391[]' id='answer-id-1665835' class='answer   answerof-430391 ' value='1665835'   \/><label for='answer-id-1665835' id='answer-label-1665835' class=' answer'><span>time<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-30' style=';'><div id='questionWrap-30'  class='   watupro-question-id-430392'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>30. <\/span>An amicable style approach to ending a buyer-supplier relationship would be most appropriate in which of the following circumstances?<\/div><input type='hidden' name='question_id[]' id='qID_30' value='430392' \/><input type='hidden' id='answerType430392' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430392[]' id='answer-id-1665836' class='answer   answerof-430392 ' value='1665836'   \/><label for='answer-id-1665836' id='answer-label-1665836' class=' answer'><span>1 and 2<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430392[]' id='answer-id-1665837' class='answer   answerof-430392 ' value='1665837'   \/><label for='answer-id-1665837' id='answer-label-1665837' class=' answer'><span>1 and 3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430392[]' id='answer-id-1665838' class='answer   answerof-430392 ' value='1665838'   \/><label for='answer-id-1665838' id='answer-label-1665838' class=' answer'><span>3 and 4<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430392[]' id='answer-id-1665839' class='answer   answerof-430392 ' value='1665839'   \/><label for='answer-id-1665839' id='answer-label-1665839' class=' answer'><span>1 and 4<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-31' style=';'><div id='questionWrap-31'  class='   watupro-question-id-430393'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>31. <\/span>Cigarettes and alcohol are often described as having an \u2018inelastic price\u2019. <br \/>\r<br>What does this mean?<\/div><input type='hidden' name='question_id[]' id='qID_31' value='430393' \/><input type='hidden' id='answerType430393' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430393[]' id='answer-id-1665840' class='answer   answerof-430393 ' value='1665840'   \/><label for='answer-id-1665840' id='answer-label-1665840' class=' answer'><span>Changes in price will greatly affect how much of the item is bought<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430393[]' id='answer-id-1665841' class='answer   answerof-430393 ' value='1665841'   \/><label for='answer-id-1665841' id='answer-label-1665841' class=' answer'><span>Changes in price will not affect how much of the item is bought<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430393[]' id='answer-id-1665842' class='answer   answerof-430393 ' value='1665842'   \/><label for='answer-id-1665842' id='answer-label-1665842' class=' answer'><span>The product is subject to high rates of tax<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430393[]' id='answer-id-1665843' class='answer   answerof-430393 ' value='1665843'   \/><label for='answer-id-1665843' id='answer-label-1665843' class=' answer'><span>The product is subject to age restrictions<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-32' style=';'><div id='questionWrap-32'  class='   watupro-question-id-430394'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>32. <\/span>The director of procurement for a global telecommunications firm has segmented their expenditure and has decided to focus on developing relationships with their bottleneck suppliers. <br \/>\r<br>Is this the correct process?<\/div><input type='hidden' name='question_id[]' id='qID_32' value='430394' \/><input type='hidden' id='answerType430394' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430394[]' id='answer-id-1665844' class='answer   answerof-430394 ' value='1665844'   \/><label for='answer-id-1665844' id='answer-label-1665844' class=' answer'><span>No, as there is lots of variety of goods available<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430394[]' id='answer-id-1665845' class='answer   answerof-430394 ' value='1665845'   \/><label for='answer-id-1665845' id='answer-label-1665845' class=' answer'><span>No, as there is vast competition<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430394[]' id='answer-id-1665846' class='answer   answerof-430394 ' value='1665846'   \/><label for='answer-id-1665846' id='answer-label-1665846' class=' answer'><span>Yes, as there are low costs to switching suppliers<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430394[]' id='answer-id-1665847' class='answer   answerof-430394 ' value='1665847'   \/><label for='answer-id-1665847' id='answer-label-1665847' class=' answer'><span>Yes, as there are little or no other options available<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-33' style=';'><div id='questionWrap-33'  class='   watupro-question-id-430395'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>33. <\/span>When overcoming stakeholder resistance in a procurement-led project, which of the following groups would have the highest level of influence on other stakeholders?<\/div><input type='hidden' name='question_id[]' id='qID_33' value='430395' \/><input type='hidden' id='answerType430395' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430395[]' id='answer-id-1665848' class='answer   answerof-430395 ' value='1665848'   \/><label for='answer-id-1665848' id='answer-label-1665848' class=' answer'><span>2 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430395[]' id='answer-id-1665849' class='answer   answerof-430395 ' value='1665849'   \/><label for='answer-id-1665849' id='answer-label-1665849' class=' answer'><span>1 and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430395[]' id='answer-id-1665850' class='answer   answerof-430395 ' value='1665850'   \/><label for='answer-id-1665850' id='answer-label-1665850' class=' answer'><span>1 and 2 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430395[]' id='answer-id-1665851' class='answer   answerof-430395 ' value='1665851'   \/><label for='answer-id-1665851' id='answer-label-1665851' class=' answer'><span>3 and 4 only<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-34' style=';'><div id='questionWrap-34'  class='   watupro-question-id-430396'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>34. <\/span>Which of the following options are legitimate reasons for terminating a contract? Select TWO that apply.<\/div><input type='hidden' name='question_id[]' id='qID_34' value='430396' \/><input type='hidden' id='answerType430396' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430396[]' id='answer-id-1665852' class='answer   answerof-430396 ' value='1665852'   \/><label for='answer-id-1665852' id='answer-label-1665852' class=' answer'><span>You ordered 10,000 items instead of 1,000<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430396[]' id='answer-id-1665853' class='answer   answerof-430396 ' value='1665853'   \/><label for='answer-id-1665853' id='answer-label-1665853' class=' answer'><span>One of the contracted parties has clearly failed to perform its duties<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430396[]' id='answer-id-1665854' class='answer   answerof-430396 ' value='1665854'   \/><label for='answer-id-1665854' id='answer-label-1665854' class=' answer'><span>There has been a serious breach of contract terms<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430396[]' id='answer-id-1665855' class='answer   answerof-430396 ' value='1665855'   \/><label for='answer-id-1665855' id='answer-label-1665855' class=' answer'><span>Your internal stakeholder requested the wrong items<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-430396[]' id='answer-id-1665856' class='answer   answerof-430396 ' value='1665856'   \/><label for='answer-id-1665856' id='answer-label-1665856' class=' answer'><span>Your MRP system placed a replenishment order that you do not need<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-35' style=';'><div id='questionWrap-35'  class='   watupro-question-id-430397'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>35. <\/span>Which of the following are NOT one of the four key principles of procurement in the EU?<\/div><input type='hidden' name='question_id[]' id='qID_35' value='430397' \/><input type='hidden' id='answerType430397' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430397[]' id='answer-id-1665857' class='answer   answerof-430397 ' value='1665857'   \/><label for='answer-id-1665857' id='answer-label-1665857' class=' answer'><span>Transparency<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430397[]' id='answer-id-1665858' class='answer   answerof-430397 ' value='1665858'   \/><label for='answer-id-1665858' id='answer-label-1665858' class=' answer'><span>Value for Money<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430397[]' id='answer-id-1665859' class='answer   answerof-430397 ' value='1665859'   \/><label for='answer-id-1665859' id='answer-label-1665859' class=' answer'><span>Non-Discrimination<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430397[]' id='answer-id-1665860' class='answer   answerof-430397 ' value='1665860'   \/><label for='answer-id-1665860' id='answer-label-1665860' class=' answer'><span>Proportionality<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-36' style=';'><div id='questionWrap-36'  class='   watupro-question-id-430398'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>36. <\/span>According to Mendelow, there are four ways stakeholders can be managed, depending on the amount of power they have, and how interested they are in your project. <br \/>\r<br>What are these four categories?<\/div><input type='hidden' name='question_id[]' id='qID_36' value='430398' \/><input type='hidden' id='answerType430398' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430398[]' id='answer-id-1665861' class='answer   answerof-430398 ' value='1665861'   \/><label for='answer-id-1665861' id='answer-label-1665861' class=' answer'><span>Keep satisfied, keep informed, minimal effort, no effort<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430398[]' id='answer-id-1665862' class='answer   answerof-430398 ' value='1665862'   \/><label for='answer-id-1665862' id='answer-label-1665862' class=' answer'><span>Manage closely, manage loosely, keep satisfied, keep informed<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430398[]' id='answer-id-1665863' class='answer   answerof-430398 ' value='1665863'   \/><label for='answer-id-1665863' id='answer-label-1665863' class=' answer'><span>Minimal effort, manage closely, keep informed, keep satisfied<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430398[]' id='answer-id-1665864' class='answer   answerof-430398 ' value='1665864'   \/><label for='answer-id-1665864' id='answer-label-1665864' class=' answer'><span>Keep informed, keep happy, keep satisfied, keep notified<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-37' style=';'><div id='questionWrap-37'  class='   watupro-question-id-430399'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>37. <\/span>The Queen Victoria is a traditional British pub which serves a range of alcoholic beverages. It has a partnership relationship with a local brewery which supplies several types of beer and cider. Logistics is a key concern for the Queen Victoria as deliveries must be made when there is room in the cellar to store the barrels of beer and cider. <br \/>\r<br>In what ways could the logistics risk be reduced?<\/div><input type='hidden' name='question_id[]' id='qID_37' value='430399' \/><input type='hidden' id='answerType430399' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430399[]' id='answer-id-1665865' class='answer   answerof-430399 ' value='1665865'   \/><label for='answer-id-1665865' id='answer-label-1665865' class=' answer'><span>Using several suppliers instead of one<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430399[]' id='answer-id-1665866' class='answer   answerof-430399 ' value='1665866'   \/><label for='answer-id-1665866' id='answer-label-1665866' class=' answer'><span>Batch ordering<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430399[]' id='answer-id-1665867' class='answer   answerof-430399 ' value='1665867'   \/><label for='answer-id-1665867' id='answer-label-1665867' class=' answer'><span>Sharing up-to-date information<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430399[]' id='answer-id-1665868' class='answer   answerof-430399 ' value='1665868'   \/><label for='answer-id-1665868' id='answer-label-1665868' class=' answer'><span>Issuing POs electronically.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-38' style=';'><div id='questionWrap-38'  class='   watupro-question-id-430400'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>38. <\/span>Sugar Doughnut Ltd has a jam supplier that they have used successfully for over ten years. They have made investments in the supplier\u2019s factory to support them with capital equipment upgrades in return for cost reduction on jam. The two companies also collaborate on bids for large supermarkets when looking to supply doughnuts and work together on quality improvements. No contracts exist between the two companies. <br \/>\r<br>Could this relationship be said to be a partnership relationship?<\/div><input type='hidden' name='question_id[]' id='qID_38' value='430400' \/><input type='hidden' id='answerType430400' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430400[]' id='answer-id-1665869' class='answer   answerof-430400 ' value='1665869'   \/><label for='answer-id-1665869' id='answer-label-1665869' class=' answer'><span>No, because contracts do not exist between the two companies<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430400[]' id='answer-id-1665870' class='answer   answerof-430400 ' value='1665870'   \/><label for='answer-id-1665870' id='answer-label-1665870' class=' answer'><span>No, because they have only worked together for ten years<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430400[]' id='answer-id-1665871' class='answer   answerof-430400 ' value='1665871'   \/><label for='answer-id-1665871' id='answer-label-1665871' class=' answer'><span>Yes, because they have demonstrated close collaboration on various projects<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430400[]' id='answer-id-1665872' class='answer   answerof-430400 ' value='1665872'   \/><label for='answer-id-1665872' id='answer-label-1665872' class=' answer'><span>Yes, because they both operate in the food sector<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-39' style=';'><div id='questionWrap-39'  class='   watupro-question-id-430401'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>39. <\/span>Partnership relationships are long-term relationships without a defined end period. Is this statement TRUE?<\/div><input type='hidden' name='question_id[]' id='qID_39' value='430401' \/><input type='hidden' id='answerType430401' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430401[]' id='answer-id-1665873' class='answer   answerof-430401 ' value='1665873'   \/><label for='answer-id-1665873' id='answer-label-1665873' class=' answer'><span>No- partnerships should have end dates so both parties have a way out if things don\u2019t work out<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430401[]' id='answer-id-1665874' class='answer   answerof-430401 ' value='1665874'   \/><label for='answer-id-1665874' id='answer-label-1665874' class=' answer'><span>No- partnerships have end dates as they are contractual relationships<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430401[]' id='answer-id-1665875' class='answer   answerof-430401 ' value='1665875'   \/><label for='answer-id-1665875' id='answer-label-1665875' class=' answer'><span>Yes-partnerships do not have end dates because they involve significant investment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430401[]' id='answer-id-1665876' class='answer   answerof-430401 ' value='1665876'   \/><label for='answer-id-1665876' id='answer-label-1665876' class=' answer'><span>Yes- partnerships do not have end dates because there is never a contract involved<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-40' style=';'><div id='questionWrap-40'  class='   watupro-question-id-430402'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>40. <\/span>The Pareto Principle is sometimes also known as what?<\/div><input type='hidden' name='question_id[]' id='qID_40' value='430402' \/><input type='hidden' id='answerType430402' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430402[]' id='answer-id-1665877' class='answer   answerof-430402 ' value='1665877'   \/><label for='answer-id-1665877' id='answer-label-1665877' class=' answer'><span>Five Forces<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430402[]' id='answer-id-1665878' class='answer   answerof-430402 ' value='1665878'   \/><label for='answer-id-1665878' id='answer-label-1665878' class=' answer'><span>JIT<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430402[]' id='answer-id-1665879' class='answer   answerof-430402 ' value='1665879'   \/><label for='answer-id-1665879' id='answer-label-1665879' class=' answer'><span>ABC Analysis<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-430402[]' id='answer-id-1665880' class='answer   answerof-430402 ' value='1665880'   \/><label for='answer-id-1665880' id='answer-label-1665880' class=' answer'><span>Cost Engineering<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-41'>\n\t<div class='question-content'>\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\" alt=\"Loading...\" title=\"Loading...\" \/>&nbsp;Loading...\t<\/div>\n<\/div>\n\n<br \/>\n\t\n\t\t\t<div class=\"watupro_buttons flex \" id=\"watuPROButtons10920\" >\n\t\t  <div id=\"prev-question\" style=\"display:none;\"><input type=\"button\" value=\"&lt; 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   \t \n<\/script>\n<p>&nbsp;<\/p>\n<h3>Continue to read our <a href=\"https:\/\/www.dumpsbase.com\/freedumps\/build-confidence-with-cips-l4m6-dumps-v11-02-continue-to-read-l4m6-free-dumps-part-2-q41-q80-online.html\"><span style=\"background-color: #00ff00;\"><em>L4M6 free dumps (Part 2, Q41-Q80) of V11.02<\/em><\/span><\/a> here.<\/h3>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get a step closer to your CIPS Level 4 Qualification Supplier Relationships (L4M6) certification exam with the latest L4M6 exam dumps (V11.02). We set accurate questions and answers for your learning, which cover all major areas of the L4M6 exam, to help solidify your understanding and sharpen your exam skills. Trusted by thousands of professionals [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13445,13446],"tags":[14371,19978],"class_list":["post-111609","post","type-post","status-publish","format-standard","hentry","category-cips","category-cips-level-4-diploma-in-procurement-and-supply","tag-l4m6-exam-dumps","tag-supplier-relationships-l4m6"],"_links":{"self":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/111609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/comments?post=111609"}],"version-history":[{"count":3,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/111609\/revisions"}],"predecessor-version":[{"id":111993,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/111609\/revisions\/111993"}],"wp:attachment":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/media?parent=111609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/categories?post=111609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/tags?post=111609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}