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CIPS L4M6 Exam Syllabus Topics:
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Reference: https://www.cips.org/qualifications/diploma-in-procurement-supply/supplier-relationships/
CIPS Supplier Relationships Sample Questions:
In public sector procurement, tenders are advertised with CPV codes, which provide a reference to describe the product or service being tendered. What does CPV stand for?
- A. Complete Procurement Vocabulary
- B. Condensed Procurement Vocabulary
- C. Common Procurement Vocabulary
- D. Clear Procurement Vocabulary
Correct Answer: C 🗳️
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A hospital located in a remote area experiences difficulties in attracting staff and regularly uses a staffing agency. Human resourcing is critical due to patient safety risks. The agency has been categorised as a strategic supplier. Which sourcing relationship should be adopted?
- A. Competitive sourcing
- B. Tactical sourcing
- C. Partnership sourcing
- D. Transactional sourcing
Correct Answer: C 🗳️
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A buying organisation has decided to terminate its partnership with its supplier (FGH). For some time, the supplier has not been proactive in advising when deliveries will be late, which has frustrated the buying organisation. The supply market has historically been limited to a small number of suppliers, but new suppliers have decided that the market is attractive. The buying organisation is now considering setting up a partnership with a new supplier (XYZ) who has recently entered the market. What are the reasons for the buying organisation deciding to terminate its relationship with supplier FGH? Select TWO that apply.
- A. The buyer no longer believes in the value of partnership relationships
- B. The supplier has decided that it no longer wishes to keep the buying organisation as a customer
- C. Levels of supply availability in the market have decreased
- D. Changes in the composition of the supply market
- E. Poor communication by the supplier
Correct Answer: D,E 🗳️
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An amicable style approach to ending a buyer-supplier relationship would be most appropriate in which of the following circumstances?
* Where the potential pool of alternative suppliers is small
* Where the buyer has to continue working with the supplier during the termination period
* Where the buyer has adopted an arm's-length relationship throughout the contract
* Where a material breach of the contract has been committed leading to the termination
- A. 2 and 3
- B. 3 and 4
- C. 1 and 2
- D. 1 and 3
Correct Answer: C 🗳️
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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. What are these four categories?
- A. Minimal effort, manage closely, keep informed, keep satisfied
- B. Keep satisfied, keep informed, minimal effort, no effort
- C. Manage closely, manage loosely, keep satisfied, keep informed
- D. Keep informed, keep happy, keep satisfied, keep notified
Correct Answer: A 🗳️
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