QUIZ L4M6 RELIABLE EXAM DUMPS - REALISTIC CIPS SUPPLIER RELATIONSHIPS RELIABLE TEST BRAINDUMPS

Quiz L4M6 Reliable Exam Dumps - Realistic CIPS Supplier Relationships Reliable Test Braindumps

Quiz L4M6 Reliable Exam Dumps - Realistic CIPS Supplier Relationships Reliable Test Braindumps

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Tags: L4M6 Reliable Exam Dumps, L4M6 Reliable Test Braindumps, Exam L4M6 Guide Materials, L4M6 Authentic Exam Questions, New L4M6 Dumps Pdf

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CIPS L4M6 Certification Exam focuses on supplier relationships, which is one of the most critical aspects of procurement and supply chain management. L4M6 exam is designed to test the knowledge and skills of procurement professionals in managing supplier relationships effectively. It covers various topics, such as supplier selection, performance management, contract management, and supplier development.

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CIPS L4M6 Reliable Test Braindumps, Exam L4M6 Guide Materials

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CIPS Supplier Relationships Sample Questions (Q115-Q120):

NEW QUESTION # 115
Which of the following are examples of ways in which businesses can add value? Select THREE that apply.

  • A. Product features and benefits
  • B. Offering convenience
  • C. Investing in customers
  • D. Reducing customer service levels
  • E. Through delivering excellent service
  • F. Creating a win-win price

Answer: A,B,E

Explanation:
Adding value involves enhancing customer experience through excellent service, providing differentiated product features, and offering convenience. These align with procurement strategies aimed at driving customer satisfaction and loyalty.


NEW QUESTION # 116
Which of the following statements are true of a market place which is considered a 'perfect competition'?
Select TWO.

  • A. competition is not strong
  • B. there are no barriers to entry
  • C. competition is at its highest level possible
  • D. suppliers are selling differentiated products

Answer: B,C

Explanation:
In a 'perfect competition' there are no barriers to entry or exit, and competition is at its highest possible level.
For more information on different types of market see p.40


NEW QUESTION # 117
Lion Manufacturing is about to enter into a partnership with Penguin Logistics, who will provide delivery to and from Lion Manufacturing's factories and warehouses. In this relationship, what type of negotiation strategy should Lion manufacturing use?

  • A. win: lose with the supplier winning
  • B. win: lose with the buyer winning
  • C. lose: lose
  • D. win: win

Answer: D

Explanation:
partnerships are always win: win p.7


NEW QUESTION # 118
Which of the following are not stages of team development? Select TWO.

  • A. Achieving
  • B. Accepting
  • C. Forming
  • D. Mourning
  • E. Adjourning

Answer: A,B

Explanation:
This question is very, very similar to a real exam question and is a really mean one. The CIPS study guide describes stages of team development as forming, storming, norming and performing. Of those listed in the book only forming is listed above. What the textbook fails to tell you is that some people add on two additional stages to this model which are mourning and adjourning. I strongly recommend doing some further reading on this (it's called the Tuckman Group Development Model) as it comes up a lot in the exam and the study guide doesn't really go into enough detail.


NEW QUESTION # 119
Which of the following are not stages of team development? Select TWO.

  • A. Achieving
  • B. Accepting
  • C. Forming
  • D. Mourning
  • E. Adjourning

Answer: A,B

Explanation:
This question is very, very similar to a real exam Question: and is
a really mean one. The CIPS study guide describes stages of team development as forming, storming, norming and performing. Of those listed in the book only forming is listed above. What the textbook fails to tell you is that some people add on two additional stages to this model which are mourning and adjourning. I strongly recommend doing some further reading on this (it's called the Tuckman Group Development Model) as it comes up a lot in the exam and the study guide doesn't really go into enough detail.


NEW QUESTION # 120
......

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