L4M4 Exam Dumps | Compared with single sourcing, what is a key advantage to dual or multiple sourcing? Select TWO

Home
CIPS
Ethical and Responsible Sourcing
CIPS.L4M4.v2025-11-05.q105
Question 66

Valid L4M4 Dumps shared by EduDump.com for Helping Passing L4M4 Exam! EduDump.com now offer the newest L4M4 exam dumps, the EduDump.com L4M4 exam questions have been updated and answers have been corrected get the newest EduDump.com L4M4 dumps with Test Engine here:

Access L4M4 Dumps Premium Version
(293 Q&As Dumps, 35%OFF Special Discount Code: freecram)

<< Prev Question Next Question >>

Question 66/105

Compared with single sourcing, what is a key advantage to dual or multiple sourcing? Select TWO

A. It is easy to drive down costs

B. There is a risk of failure to supply

C. Economies of scale

D. Supplier Loyalty

E. Low risk of failure to supply

Correct Answer: A,E

The correct answers are 'it is easy to drive down costs' (as you can pit the suppliers against each other) and
'low risk of failure to supply' (if one supplier can't provide what you need, the other supplier might be able to).
Economies of scale and supplier loyalty are advantages of single-sourcing.
There is a risk of failure to supply is a risk associated with single sourcing.
There's a useful table of advantages and disadvantages of single / multi sourcing on p.22. Types of sourcing is a key topic for the exam.

Your email address will not be published. Required fields are marked *

Comment: *

Name: *

Email: *

Rating: *

Verification: *

Question List (105q): Question 1: Khalid is a procurement manager in the UK who is looking to ...; Question 2: If a company is concerned with ethical sourcing and has conc...; Question 3: Which of the following is an example of intracompany trading...; Question 4: Elaine works for a British manufacturer of confectionary (sw...; Question 5: When sourcing an item of strategic importance and high value...; Question 6: Which of the following is considered as part of ESG?...; Question 7: Which award criteria can be applied when sourcing requiremen...; Question 8: Ivan is an investor who is looking to invest in new business...; Question 9: A buyer in the public sector has put an advert out asking fo...; Question 10: An organisation wants to measure its Triple Bottom Line. Whi...; Question 11: A company's balance sheet will show you which of the followi...; Question 12: Bob works in the procurement department of a construction fi...; Question 13: Which of the following are key areas of regulations that gov...; Question 14: Scott is a procurement manager who is evaluating a bid from ...; Question 15: Which of the following characteristics are likely to be requ...; Question 16: The International Chamber of Commerce (ICC) publish a list o...; Question 17: When conducting a competitive tender, is it appropriate to u...; Question 18: Steff is a procurement manager at Giant Buttons Ltd who are ...; Question 19: In which instance would multiple sourcing be the most applic...; Question 20: The balance sheet (Statement of Financial Position) is one o...; Question 21: You have been asked to purchase 500 pens of a specific brand...; Question 22: Which documents are used to allow the movement of goods? * E...; Question 23: What is a risk of pre-warning a supplier that you will condu...; Question 24: Which of the following is an advantage to the TUPE regulatio...; Question 25: A business may be faced with the challenge of deciding wheth...; Question 26: Which models would be appropriate for analysis of the supply...; Question 27: Yolo Inc. have recently run a tender opportunity to find a s...; Question 28: Which is an example of a criterion for supplier selection du...; Question 29: According to the CIPS code of conduct, which laws should a p...; Question 30: What type of ratio is used to measure a company's ability to...; Question 31: Zeb is a Procurement Manager at Zig Zag Zips manufacturing. ...; Question 32: As a procurement officer for a large organisation, a supplie...; Question 33: During which stage of the procurement cycle would you remove...; Question 34: Which of the following is not a indices that measures econom...; Question 35: What type of relationship should a buyer seek when making st...; Question 36: Which of the following is true for CIPS members who sign and...; Question 37: During the quality assurance of a supplier, Margaret is look...; Question 38: Which of the following incoterms has the lowest risk to the ...; Question 39: Procurement professionals should never appoint any suppliers...; Question 40: It is good practice for the procuring organisation's auditor...; Question 41: Dylan is looking to appoint a new supplier of paint to his m...; Question 42: A buyer has discovered their supplier has taken the passport...; Question 43: Bribery is considered an unethical business practice. What c...; Question 44: A buyer evaluates a supplier's ethical and social practices ...; Question 45: Why do tenders often have longer timescales in the public se...; Question 46: Pierre is constructing a tender for a security contract. As ...; Question 47: Guillerme is a Category Manager within the procurement depar...; Question 48: What mechanism helps buying organisations achieve a best val...; Question 49: Daniel is evaluating bids from new suppliers who are looking...; Question 50: The procurement manager has received the following data from...; Question 51: Pre-qualification of suppliers is used to determine if the s...; Question 52: Which of the incoterms listed are suitable for transporting ...; Question 53: Greg is doing some research on a potential supplier and is c...; Question 54: Which of the following would you use to work out a company's...; Question 55: Which of the following payment mechanisms is most beneficial...; Question 56: When might a company send a Request for Information (RFI) to...; Question 57: Mark is an audio visual category buyer in the public sector ...; Question 58: The procurement team at Grape Juice Limited often use a weig...; Question 59: What information would you expect to find on a supplier's re...; Question 60: Which of the following can be undertaken by the buyer in rel...; Question 61: Ji Yuan is a procurement manager who is looking for a new su...; Question 62: In the Public Sector, what is the evaluation criteria most o...; Question 63: A Request for Quotation asks a supplier to submit a price on...; Question 64: In which circumstances would it be relevant for a procuremen...; Question 65: Many organisations prefer a multi-sourcing approach because ...; Question 66: Compared with single sourcing, what is a key advantage to du...; Question 67: When assessing social responsibility elements of a supplier'...; Question 68: Single sourcing is only used by buyers where the total requi...; Question 69: What is the best way to demonstrate that your organisation d...; Question 70: Why is it important to consider factors such as environmenta...; Question 71: For complex and high value tenders, which document is the mo...; Question 72: Intra-company trading allows business units within a large e...; Question 73: Damian is a procurement professional in the Public Sector. H...; Question 74: 'Phishing' is an activity that can occur when an employee wi...; Question 75: For what type of purchase would you use a Futures Exchange?...; Question 76: Incoterms are divided into four main groups to follow the mo...; Question 77: Commodities are items which can be traded on the stock excha...; Question 78: A buyer is only interested in working with suppliers who hav...; Question 79: Which of the following should be considered when calculating...; Question 80: Mark is a category manager responsible for buying large piec...; Question 81: Other than price, what should a buyer consider when evaluati...; Question 82: Jack Green is planning to use competitive tendering to sourc...; Question 83: When looking at credit scores, a supplier may be classified ...; Question 84: A procurement manager who works in the public sector has rec...; Question 85: Which of the following would you use to determine the outcom...; Question 86: A procurement manager has decided to use a local newspaper t...; Question 87: A company has a requirement for an item that has been identi...; Question 88: When selecting a supplier on technical merit, its important ...; Question 89: Under what circumstances can a buyer reduce timescales for a...; Question 90: Raja is a procurement manager who is keen to gain further in...; Question 91: Which of the following is a UK legislation concerning produc...; Question 92: Ali is the Category Manager at an airplane manufacturing fac...; Question 93: Which of the following should be assessed in supplier propos...; Question 94: Amnesty International, Oxfam and CIPS are examples of what t...; Question 95: Foresttors Plc is negotiating a new contract for the procure...; Question 96: The use of Incoterms will eliminate all risks involved in in...; Question 97: Luke has sent out a Request for Information to test the wate...; Question 98: Curly Cake Incorporated makes lots of different types of con...; Question 99: Which of the following Incoterms has the lowest risk for the...; Question 100: Economic indices track a market's stability and health. One ...; Question 101: In a negotiation, a supplier does not want to upset or offen...; Question 102: When would a procurement professional use the Pareto princip...; Question 103: In order to assess whether a company is able to meet its cur...; Question 104: Chantelle is a procurement apprentice working in the public ...; Question 105: Roberto is running a tender in which his main concern is pri...

[×]

Download PDF File

Enter your email address to download CIPS.L4M4.v2025-11-05.q105.pdf

Email:

Disclaimer:
Freecram doesn't offer Real GIAC Exam Questions. Freecram doesn't offer Real SAP Exam Questions. Freecram doesn't offer Real (ISC)² Exam Questions. Freecram doesn't offer Real CompTIA Exam Questions. Freecram doesn't offer Real Microsoft Exam Questions.
Oracle and Java are registered trademarks of Oracle and/or its affiliates.
Freecram material do not contain actual actual Oracle Exam Questions or material.
Microsoft®, Azure®, Windows®, Windows Vista®, and the Windows logo are registered trademarks of Microsoft Corporation.
Freecram Materials do not contain actual questions and answers from Cisco's Certification Exams. The brand Cisco is a registered trademark of CISCO, Inc.
CFA Institute does not endorse, promote or warrant the accuracy or quality of these questions. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Freecram does not offer exam dumps or questions from actual exams. We offer learning material and practice tests created by subject matter experts to assist and help learners prepare for those exams. All certification brands used on the website are owned by the respective brand owners. Freecram does not own or claim any ownership on any of the brands.

Question 66/105

LEAVE A REPLY

Download PDF File