L4M4 Exam Dumps | Luke has sent out a Request for Information to test the waters of the supply market for a new product

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CIPS.L4M4.v2025-11-05.q105
Question 97

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Question 97/105

Luke has sent out a Request for Information to test the waters of the supply market for a new product he is sourcing. He has received a high number of detailed documents back from suppliers. Which of the following is Luke now likely to know about the marketplace? Select THREE

A. acceptable lead times

B. amount of product competition

C. expected changes in the marketplace

D. exact costs of the item he's procuring

E. samples of the product

Correct Answer: A,B,C

The correct answers are; lead times, product competition and changes in the marketplace.
You wouldn't expect to receive samples or costings from a Request for Information - rather, these should be expected as part of the Tender Competition

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