Pass the CIPS CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M4 Questions and answers with CertsForce

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Questions # 11:

Thinking about PEST, or PESTEL, or STEEPLE; under which two headings would taxation most comfortably sit?

Options:

A.

Economic


B.

Political


C.

Environmental


D.

Legal


E.

Demographic


F.

Technical / tehnological


G.

Social / socio-cultural


Expert Solution
Questions # 12:

Which of these examples constitutes an invitation to treat? Select TWO that apply.

Options:

A.

A supplier responds to your invitation to treat


B.

The price quoted in a supplier's price list


C.

The price of goods advertised on a supplier's website


D.

A supplier sends a detailed quotation through the post


E.

The submission of a tender


Expert Solution
Questions # 13:

A catering supplier agrees to provide a meal to a school for $1.15 per unit for two years. What type of commercial agreement is this?

Options:

A.

Cost plus pricing


B.

Fixed pricing


C.

Incentive pricing


D.

Performance pricing


Expert Solution
Questions # 14:

A buyer is using a framework agreement to purchase office furniture. The buyer invites the four suppliers listed on the framework to quote for the furniture; the winning bid is the lowest price. What would best describe this approach?

Options:

A.

Direct call-off


B.

Competitive tender


C.

Quotation exercise


D.

Mini competition


Expert Solution
Questions # 15:

Which of these statements is a correct description of a contract?

Options:

A.

A promise made by a supplier to supply goods or services


B.

An agreement enforceable by law made between two or more people


C.

An offer and acceptance has taken place


D.

A promise made by the buyer to place an order


Expert Solution
Questions # 16:

A performance specification has several features that make it different from a conformance specification. Which of the following are features of a performance specification? Select TWO that apply.

Options:

A.

It includes quality levels (including relevant quality standards) required


B.

It includes key functionality, attributes, or capabilities to be achieved


C.

It describes to the supplier exactly what the buyer requires


D.

It will need to relate to a brand name and model name


E.

It requires compliance with a recognised standard (e.g. British Standards)


Expert Solution
Questions # 17:

People are inherently happy at work.

Workers seek responsibility.

Financial reward at work is welcome, but motivation, job satisfaction and recognition are equally A.

Options:

A.

important.


B.

Theory X


C.

Theory Y


Expert Solution
Questions # 18:

In contracts, implied terms play a crucial role in defining the rights and obligations of parties, even when not expressly stated in the contract. Which of the following are potential examples of implied terms? Select TWO that apply.

Options:

A.

Terms that are incorporated by reference to another contract document, such as a technical specification


B.

Terms that are inferred by the courts based on general legal principles, ensuring parties act honestly and fairly in their contractual dealings


C.

Terms that are not fundamental but the breach of which entitles the innocent party to claim damages without the right to terminate the contract


D.

Terms that are fundamental to a contract, the breach of which may give rise to the right to terminate the contract


E.

Terms that are imposed by law to ensure a minimum standard of quality or performance in certain types of contracts


Expert Solution
Questions # 19:

Which two of the following actions are most likely to be carried out by the supplier?

Options:

A.

Inspect the delivered goods


B.

Submit invoice


C.

Deliver


D.

Expedite


Expert Solution
Questions # 20:

Which one is not part of Lewin’s Force Field Analysis model (overcoming resistance to change)?

Options:

A.

Change


B.

Unchange


C.

Refreeze


D.

Unfreeze


Expert Solution
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