New L4M8 CIPS Level 4 Diploma in Procurement and Supply Exam Dumps

1. CORRECT TEXT

What is needed for a contract to be binding?

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Explain why it is deemed better to use Sea freight rather than air

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What are the two options for the disposal of an asset if resale is not possible?

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What are the definition of a new buy and a modified re-buy?

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Looking at stage 8 of the procurement and supply cycle, what does TCA mean?

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Explain why it is deemed better to use Sea freight rather than air.

7. What Incoterm applies here?

The goods are considered ‘delivered’ at the point of release from the supplier’s premises or another name place. The supplier is not responsible for loading or transporting the goods and does not have to arrange export clearance C this must be arranged by the buyer. The risk is on the buyer from this point.

a) EXW C Ex Works

b) FCA C Free Career

c) CPT C Carriage Paid To

d) CIP C Carriage and Insurance Paid to

8. CORRECT TEXT

What are the five stages in Tuckman’s team Development model?

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Describe two negative factors associated with ordering excess inventory.

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What are five recognized types of modern slavery?

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Create a list of tangible, intangible, direct and indirect needs within an organization with which you are familiar.

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Research the ethical standard or accreditations of an industry with which you are familiar

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Describe three ways in which a buyer could or test the market in other to assist with determining a need.

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What happens in the public sector, regarding providing feedback?

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What are the 3Ps in the triple bottom line.

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Explain with examples three differences between offers and invitation to treat.

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What are the eight elements of whole life asset management?

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What advantages could there be to holding excessive inventory?

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Using the case study about Toyata, which type of benchmarking Tada has used when comparing the Toyata with Porsche?

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Describe a current or recent trade war of which you are aware and explain the implication it has for world trade.

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What are the four stages of decommissioning?

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Explain the concept of the 3Ps/TBL and how it can be used by an organization.

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Describe two negative factors associated with ordering excess inventory.

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What is contract performance review and continuous improvement?

25. Which Incoterm applies here?

The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination. As soon as the goods are on the vessel, the risk transfers to the buyer

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Explain why risk should be evaluated prior to the disposal of any assets.

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Explain which factors should be considered when deciding the quantity of a product to order.

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What are the five stages in Tuckman’s team Development model?

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What are the four quadrants in the Mendelow stakeholder matrix?

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What topics are covered within ethics?

31. CORRECT TEXT

Research the ethical standard or accreditation of an industry with which you are familiar.

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What is business case?

33. Which Incoterm applies here?

The supplier is responsible for delivering the goods to the buyer’s premises include arranging any custom clearances that applies, bearing all risk up until this point.

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Describe five types of contract terms that a procurement professional should create with a supplier when forming an agreement.

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What are the four quadrants within the Kraljic portfolio matrix?

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What is PQQ and what does it include?

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When benchmarking what other factors, apart from price should be considered to find the total cost of acquisition?

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Explain why you think quality should be investigated before working with potential supplier?

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What is CSR policy?

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What are five recognized types of modern slavery?

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Why is it important to have adequate procedures in place within an organization in relation to bribery?

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Which type of power is most likely to be used in corruption?

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Describe what should be considered when creating damages terms in a contract.

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Describe two ways in which an organization with which you are familiar could use continuous im-provement as part of whole life asset management.