L4M2 Fragen Antworten - L4M2 Demotesten

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CIPS L4M2 Exam Syllabus Topics:

SectionObjectives
Topic 1: Understand market management in procurement and supply- Compare the competitive forces that influence markets
  • 1. Bargaining strength of suppliers and buyers
  • 2. Availability of substitutes and threat of new entrants
- 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

>> L4M2 Fragen Antworten <<

L4M2 Prüfungsfragen Prüfungsvorbereitungen, L4M2 Fragen und Antworten, Defining Business Needs

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CIPS Defining Business Needs L4M2 Prüfungsfragen mit Lösungen (Q38-Q43):

38. Frage
Which of the following is an environmental criterion that can be included when drafting a specification for new machinery?

Antwort: B

Begründung:
Comprehensive and Detailed Explanation (from CIPS L4M2 - Sustainable Specification Writing) Environmental criteria address resource use, pollution, waste, and emissions.
For machinery, specifying maximum emission limits or energy efficiency ratings ensures sustainability compliance.
Brand, location, or supplier nationality are not environmental factors.
Relevant L4M2 references:
* "Environmental sustainability criteria in technical specifications"
* "Life cycle environmental performance"


39. Frage
In which circumstances would it be relevant to require supplier accreditation to the ISO 14001 international standard in a contract specification?
Select THREE that apply.

Antwort: A,B,E

Begründung:
ISO 14001 is the international standard for Environmental Management Systems (EMS). It applies when a contract involves significant environmental impacts.
The CIPS L4M2 Study Guide, Chapter 1: Developing Specifications, states:
"ISO 14001 should be considered in specifications where the delivery of goods or services involves waste, emissions, or the consumption of natural resources." Option analysis:
* A. Generate waste - Correct. Waste generation is a key environmental issue.
* B. Emissions to air and water - Correct. ISO 14001 addresses pollution control.
* C. Occupational health - Related to ISO 45001, not ISO 14001.
* D. Use of natural resources - Correct. ISO 14001 is relevant for sustainable resource use.
* E. Processing of data - Not relevant to environmental management.
* F. Quality assurance - Related to ISO 9001, not 14001.
Correct answers: A, B, D
CIPS Study Guide Reference:
* Module: L4M2 - Defining Business Needs
* Chapter 1: Environmental Specifications
* Section: ISO 14001 Accreditation


40. Frage
A procurement manager has noticed that profitability within a market has increased steadily over the years. In addition, the market is relatively easy to enter, and demand within the market is predicted to remain high.
Which of the following is likely to happen in this particular market as a direct consequence of these factors?

Antwort: C


41. Frage
Which of the following always impact negatively on a company's cash flow? Select TWO that ap-ply

Antwort: C,E

Begründung:
To answer this question, candidates are required to remember the cash flow cycle and cost entries as well as the impact of their timing on a business.
Diagram Description automatically generated

Source: https://cfoperspective.com/free-your-cash-trapped-in-the-cash-conversion-cycle/ Shorter payment term and more inventory are likely to have negative impact on the cash flow be-cause the buyer has to pay sooner and greater.
"Customers agree to pay immediately" will increase the organisation's bank account sooner.
Depreciation has no impact on cash flow as it is only listed in Profit and Loss statement.
Increasing revenue may have negative or positive impact on cash flow, depending on the real situation.
Reference: CIPS study guide page 54
LO 1, AC 1.4


42. Frage
XYZ Ltd is a large supermarket chain which operates mainly in the UK and Europe. Their custom-ers are increasingly concerned about sustainability. Therefore, procurement manager is required to source the products from suppliers who have good environmental performance. Which of the fol-lowing can be an assurance that the supplier has procedures and policies to enhance its environmental performance?

Antwort: C

Begründung:
ISO 9001:2015 specifies requirements for a quality management system.
ISO 14001:2015 specifies the requirements for an environmental management system that an or-ganization can use to enhance its environmental performance. ISO 14001:2015 is intended for use by an organization seeking to manage its environmental responsibilities in a systematic manner that contributes to the environmental pillar of sustainability.
ISO 22716:2007 gives guidelines for the production, control, storage and shipment of cosmetic products.
These guidelines cover the quality aspects of the product, but as a whole do not cover safety aspects for the personnel engaged in the plant, nor do they cover aspects of protection of the environment.
ISO 13485:2016 specifies requirements for a quality management system where an organization needs to demonstrate its ability to provide medical devices and related services that consistently meet customer and applicable regulatory requirements.
Reference: CIPS study guide page 125
LO 3, AC 3.1


43. Frage
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