100% PASS RATE CIPS Level 4 Diploma in Procurement and Supply L4M8 Certified Exam DUMP with 106 Questions [Q19-Q41]

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100% PASS RATE CIPS Level 4 Diploma in Procurement and Supply L4M8 Certified Exam DUMP with 106 Questions

Updates For the Latest L4M8 Free Exam Study Guide!

The CIPS L4M8 exam is divided into two parts, with the first part consisting of multiple-choice questions and the second part requiring candidates to answer a case study. The multiple-choice questions are designed to test the candidate’s knowledge of the procurement process, while the case study assesses their ability to apply their knowledge to a real-life scenario. L4M8 exam is challenging, but candidates who have completed the CIPS L4M8 course and have prepared adequately should be able to pass the exam with ease.

CIPS L4M8 exam covers a wide range of topics related to procurement and supply chain management, including contract management, negotiation, supplier management, inventory management, and risk management. It also covers areas such as ethical procurement practices, sustainability, and corporate social responsibility. L4M8 exam consists of multiple-choice questions, scenario-based questions, and essay-style questions, which require candidates to demonstrate their practical knowledge and ability to apply theoretical concepts to real-world scenarios. Overall, the CIPS L4M8 exam is a rigorous assessment that tests a candidate’s understanding of procurement and supply chain management and their ability to perform effectively in this field.

 

NO.19 Explain how a lack of understanding of a global supplier’s culture and ethical behavior could cost buying organization money.

NO.20 Which theory relates to the 3Ps

NO.21 What topics are covered within ethics?

NO.22 Justify which of the five approaches to condition performance monitoring you think is the most cost effective within whole life asset management.

NO.23 Describe three benefits of working cross-functionally

NO.24 What is business case?

NO.25 Which Incoterm applies here?
The supplier is responsible for delivering the goods to a carrier or to an intermediate agreed place and should ensure that the goods have at least minimal insurance cover until this point. Again, the buyer is responsible for ensuring these goods reach their named destination from here.

 
 
 
 

NO.26 Explain why it is deemed better to use Sea freight rather than air

NO.27 What Incoterm applies here?
The supplier is responsible for delivering the goods to a carrier or to an intermediate agreed place. From this point, the buyer is responsible for ensuring these goods reach their named destination.

 
 
 
 

NO.28 What is depreciation and deterioration?

NO.29 Explain the difference between bonded and forced labor.

NO.30 In relation to the case study ‘Walmart and H&M in spotlight regarding human rights in media ex-plain which human rights are not being granted to the workers.

NO.31 Describe four factors that could damage reputation within the supply chair

NO.32 What are the four quadrants within the Kraljic portfolio matrix?

NO.33 Describe three ways in which a buyer could or test the market in other to assist with determining a need.

NO.34 Describe one qualitative and one quantitative measures of social impact for an organization with which you are familiar.

NO.35 Create two KPIs and two SLAs for a contract with which you are familiar.

NO.36 What are the ILO and ETI?

NO.37 What two areas of an organization do the Kraljic Portfolio matrix uses to establish the category of a product or service?

NO.38 Describe five types of contract terms that a procurement professional should create with a supplier when forming an agreement.

NO.39 Which Incoterm applies here?
The supplier is responsible for delivering the goods to the buyer’s premises, bearing all risk up until this point.

 
 
 
 

NO.40 What are the five stages in Tuckman’s team Development model?

NO.41 Explain why you think quality should be investigated before working with potential supplier?


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