CIPS L4M2최신버전덤프공부, L4M2시험패스가능한인증공부자료

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CIPS L4M2 Exam Syllabus Topics:
| Section | Objectives |
|---|
| Topic 1: Understand market management in procurement and supply | - Compare the competitive forces that influence markets
- 1. Availability of substitutes and threat of new entrants
- 2. Bargaining strength of suppliers and buyers
- Contrast direct costs and indirect costs
- 1. Sources of information to estimate costs and prices
|
| Topic 2: Understand how to develop a business case for requirements to be sourced from external suppliers | - Analyse how market factors affect procurement
|
| Topic 3: Understand the use of specifications in procurement and supply | |
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L4M2최신버전 덤프공부 최신 덤프문제보기
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최신 CIPS Level 4 Diploma in Procurement and Supply L4M2 무료샘플문제 (Q144-Q149):
질문 # 144
Which of the following is the disadvantage of embedding standards in a specification?
- A. Standards do not improving buyer's bargaining power
- B. Standards are too static and discourage innovation
- C. Standards are too flexible and may cause ambiguity in the specification
- D. Embedding standards into specification requires enormous time and effort
정답:B
설명:
"Standards are often produced by professional bodies (maybe national or international bodies). Standards tend to be stable for a period of time, therefore, they are likely to be static and discourage innovation." Reference: CIPS L4M3 study guide page 125 LO 3, AC 3.1
질문 # 145
Builder Inc is a rapidly expanding business in construction sector. Due to an increase in projects, it cannot manage the flow of materials by Excel spreadsheets but by more dedicated software. Who would be a key internal stakeholder in defining software compatibility with company's current system?
- A. Finance team
- B. Procurement team
- C. IT team
- D. Executive team
정답:C
설명:
Internal stakeholders may contribute to defining needs and drafting the specification by using their technical expertise. In this scenario, IT team may consult procurement team on the technical specification of the software, including compatibility with company's current IT system.
Reference:
LO 3, AC 3.4
질문 # 146
A drawing is an example of...?
- A. Statements of work
- B. Output specifications
- C. Technical specifications
- D. Outcome specifications
정답:C
설명:
A technical specification details the standards that a product or service must meet. Drawings (often called engineering drawings or technical drawings) are complementary to technical specifications
질문 # 147
Bob is a new procurement specialist at XYZ Ltd. He is assigned to categorise the company's sup-plies. After analysing, Bob realises that a group of low value products is sourced from a tiny geo-graphical area which is prone to flooding. What would be the best strategy to manage this category of products?
- A. Form partnership relationship with the current supplier
- B. Source this group of products from only one supplier
- C. Assign some of procurement jobs to user department
- D. Find an alternative source to secure supply
정답:D
설명:
In the scenario, the products have low value and high risk of supply. This group is known as bottleneck or critical in Kraljic's portfolio matrix. The objective for such items would be securing the supply. The company can achieve this goal by 'making' the products themselves, or finding an alternative option.
Diagram Description automatically generated

Reference: CIPS study guide page 82-84
LO 2, AC 2.1
질문 # 148
To calculate the estimated annual payback period, a buyer will need to know the estimated annual savings made from implementing the option, and also the estimated costs. Is this statement correct?
- A. Yes. The calculation will be the estimated total costs divided by the estimated annual savings
- B. No. The calculation will be the estimated total costs multiplied by twelve
- C. Yes. The calculation will be the estimated annual savings added to the estimated total costs
- D. No. The calculation will be the estimated annual savings multiplied by the rate of inflation
정답:A
설명:
The payback period is a financial calculation used to determine how long it will take for an investment to recover its initial cost through annual savings or returns.
The CIPS L4M2 Study Guide, Chapter 4: Developing the business case, states:
"Payback period is calculated by dividing the total cost of investment by the annual savings or returns. It shows how many years it will take for the investment to 'pay back' its cost." Review of the options:
* A. This is the correct formula: Total Cost ÷ Annual Savings = Payback Period (in years).
* B. Adding costs and savings is not a valid financial metric.
* C. Inflation is relevant for discounted cash flow, not for basic payback period calculation.
* D. Multiplying costs by 12 is not applicable in this context.
Correct answer: A
CIPS Study Guide Reference:
* Module: L4M2 - Defining Business Needs
* Chapter 4: Financial analysis in the business case
* Topic: Payback Period Calculation
질문 # 149
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