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

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Questions # 21:

‘Using resources to a more productive effect, either by producing more output with the same re-source, or using less resource to obtain the same output’. This is a description of:

Options:

A.

Efficiency


B.

Effectiveness


C.

Economy


Expert Solution
Questions # 22:

Which of the following would be suitable general key performance indicators (KPIs) for monitoring supplier performance? Select THREE that apply.

Options:

A.

Delivery on time


B.

Financial reports


C.

Quality performance


D.

Cost management


E.

Length of contract


F.

Defining requirements


Expert Solution
Questions # 23:

'A person who sees the big picture. Thinks accurately and carefully. May lack energy and the ability to inspire others'.

Which one Belbin's team roles is being described here?

Options:

A.

Resource-investigator


B.

Co-ordinator


C.

Plant


D.

Monitor / evaluator


Expert Solution
Questions # 24:

The view that workers are naturally lazy, avoid responsibility and are without ambition is in line with Theory (Douglas McGregor):

Options:

A.

Z


B.

X


C.

Y


D.

A


Expert Solution
Questions # 25:

Where an organisational internal customer / user deliberately circumvents the procurement function, and buys from an external supplier without following due procedure. This is commonly called:

Options:

A.

Compliant spend


B.

Tail spend


C.

Iceman spend


D.

Maverick spend


Expert Solution
Questions # 26:

Peter Kraljic first published his Portfolio Purchasing Model in a paper entitled ‘Purchasing Must Become Supply Management’ in the Harvard Business Review in September of which year?

Options:

A.

1943


B.

2013


C.

1983


D.

2003


Expert Solution
Questions # 27:

Which of the following might be considered as advantages, to the supplier, of key performance indicators (KPIs)? Select TWO that apply.

Options:

A.

They help the supplier to focus on specific critical success factors and maximise effectiveness


B.

They help the supplier to achieve higher productivity by cutting down on other aspects like quality


C.

They help the supplier to avoid confusion arising from unclear expectations from buyers


D.

They help the supplier to share their best cost-saving systems with their competitors


E.

They help the supplier to ensure that they do not exceed the target performance levels


Expert Solution
Questions # 28:

The Grain Building Limited company contracts with many smaller suppliers on projects where agents can create uncertain working conditions, including changes to the scope of work, start times and late changes. The work is often affected by the weather, shortages of parts, or client indecision. To mitigate this, Grain Building Limited contracts with known and reliable suppliers on the basis of the cost-plus pricing model.

Which is the correct meaning of the term "cost-plus"?

Options:

A.

Costs plus taxes and profit


B.

Costs plus agreed profit


C.

Costs plus delivery and profit


D.

Costs plus overheads, profits, and taxes


Expert Solution
Questions # 29:

Which two of the following are personality traits?

Options:

A.

Experience in the military


B.

Social skills


C.

Clean current driving licence


D.

Honesty


Expert Solution
Questions # 30:

An employee responsible for managing both warehousing and transport in an organisation would best be described as a:

Options:

A.

Transport operative


B.

Buyer


C.

Logistics manager


D.

Warehouse supervisor


Expert Solution
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