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Exam Code:	L4M2
Exam Name:	Defining Business Needs
Certification Provider:	CIPS
Free Question Number:	53
Version:	v2023-04-21
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# of Questions views:	16295
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Earl - Mar 12, 2024

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Other Version: 207 viewsCIPS.L4M2.v2025-04-25.q92; 629 viewsCIPS.L4M2.v2023-02-27.q49

Exam Question List: Question 1: Which of the following is a risk to buying organization when...; Question 2: A consulting firm in London had previously had static budget...; Question 3: Which of the following might be consequences of over-specifi...; Question 4: Due to increasing demand, a local restaurant is requesting i...; Question 5: Which of the following statements is the best definition of ...; Question 6: Which of the following are most likely to increase the buyer...; Question 7: Sealines Inc is developing its fleet of cargo ships. The com...; Question 8: Bob is a new procurement specialist at XYZ Ltd. He is assign...; Question 9: Dana is an automobile manufacturer. It has a new electrifica...; Question 10: Which of the following sources of information are considered...; Question 11: The position of a product in its life cycle can affect the p...; Question 12: At which stage of product life cycle, price competition betw...; Question 13: Which of the following agencies can produce a technical stan...; Question 14: Which of the following is the core of value analysis process...; Question 15: Which of the following are main focuses of ISO 27001:2013 st...; Question 16: Why is the specification considered as the most important do...; Question 17: Buyers are more powerful than the supplier when they are pur...; Question 18: Royal Navy is preparing a through-life contract. They put to...; Question 19: Which of the following factors might prompt an organisation ...; Question 20: Which of the following are likely to be disadvantages of usi...; Question 21: What is the document that defines the activities, deliverabl...; Question 22: XYZ Ltd is producing an engine which consists of many compon...; Question 23: A company is analysing its existing product's components and...; Question 24: Which of the following indicates types of waste that procure...; Question 25: What is the purpose of sending value engineering analysis to...; Question 26: Interserve is a construction contractor in UK. When receivin...; Question 27: Lider Ltd is a leading bathroom furniture manufacturer in In...; Question 28: Ymira is asked to develop the specification for water purifi...; Question 29: A CPO is making a business case for acquiring a new computer...; Question 30: When procuring a machinery, at which stage buyer must check ...; Question 31: Which of the following is the process for improving the valu...; Question 32: Which of the following is the new technology that has impact...; Question 33: Which of the following is an assumption of Kano model?...; Question 34: Why should the buying organisation require the supplier to c...; Question 35: At which stage of through-life contract management, procurem...; Question 36: What is the contribution of marketing function to the develo...; Question 37: Which of the following can cause overhead variance? Select T...; Question 38: Which of the following specific markets engage in creation, ...; Question 39: Sabic is a petrochemical manufacturer. It wants to digitalis...; Question 40: Product development consists of various stages, including pl...; Question 41: British Steel needs to source a set of instruments that will...; Question 42: Which of the following are typical benefits of through-life ...; Question 43: Despite of better improvement rates than other types of benc...; Question 44: Which of the following might be the consequences of under-sp...; Question 45: Which of the following bodies provides standards for the pro...; Question 46: A hospital extensively spends on medical and implantable dev...; Question 47: XYZ Ltd is a large supermarket chain which operates mainly i...; Question 48: Which of the following methods will enable a company to elim...; Question 49: A buyer in Housing Authority is considering using performanc...; Question 50: Synergy Ltd is a fast-growing tool and hardware retailer. Th...; Question 51: Which of the following is the purpose of benchmarking?...; Question 52: When should procurement professional tolerate a risk?...; Question 53: Which of the following is an useful tool for value engineeri...

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