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L4M6 practice test questions answers

CIPS L4M6 Dumps Questions Answers

Exam Code:
L4M6
Last Update: Dec 19, 2024
180 Questions Answers with Explanation Detail
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32

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Average Score In Real
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Questions came word by
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L4M6 Q&A's Detail

Exam Code:
L4M6
Total Questions:
180 Q&A's
Single Choice Questions:
141 Q&A's
Multiple Choice Questions:
39 Q&A's

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Supplier Relationships Questions and Answers

Questions 1

Lee is a procurement manager at Real Pirates Ltd and he has a contract with Peg Leg Industries for the supply of fake, wooden legs for his team of Pirates. Real Pirates Ltd have been working with Peg Leg Industries for almost 10 years but recently Lee has discovered he will need to terminate the contract due to ‘Contract Frustration’. What could be the reason for this?

Options:

A.

The supplier has committed a material breach

B.

An unexpected incident has occurred beyond anyone’s control

C.

The supplier has become insolvent

D.

The supplier has leaked confidential information about Real Pirates Ltd to a competitor

Questions 2

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. In what ways could the logistics risk be reduced?

Options:

A.

Using several suppliers instead of one

B.

Batch ordering

C.

Sharing up-to-date information

D.

Issuing POs electronically.

Questions 3

Which of the following are NOT one of the four key principles of procurement in the EU?

Options:

A.

Transparency

B.

Value for Money

C.

Non-Discrimination

D.

Proportionality

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