L4M4 Exam Dumps | Which models would be appropriate for analysis of the supply market? * Porter's Five Forces * Porter's

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CIPS.L4M4.v2025-11-05.q105
Question 26

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Question 26/105

Which models would be appropriate for analysis of the supply market?
* Porter's Five Forces
* Porter's Value Chain
* STEEPLED
* Ishikawa Fishbone

A. 1 and 2 only

B. 1 and 3 only

C. 2 and 3 only

D. 3 and 4 only

Correct Answer: B

Porter's Five Forces and the STEEPLED model are valuable tools for analyzing supply markets. These models help identify external pressures and market dynamics, supporting responsible sourcing by enabling buyers to understand and respond to market influences effectively.

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