CIPS Category Management - L5M6 FREE EXAM DUMPS QUESTIONS & ANSWERS
ABC Ltd is a manufacturer of hi-tech IT equipment in an industry set to grow substantially over the next 10 years. What type of industry is this?
Correct Answer: D
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Of the following 4 types of industries, which has the lowest barriers to entry?
Correct Answer: B
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When completing a tender exercise, in addition to price and quality, which factors may also be considered?
Correct Answer: B
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'Kaizen' is a Japanese term used frequently in the manufacturing industry. What does it refer to?
Correct Answer: D
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Penelope works for an international manufacturer. Which categories are most likely to be outsourced?
Correct Answer: B,E
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Tulipa Ltd is a manufacturer of vegan frozen food. It saw significant market growth for three years, but in the last two years market share has remained stable despite no new entrants. Which stage in the lifecycle is the vegan frozen food market?
Correct Answer: A
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The objective of negotiation with a supplier is to ensure the Five Rights of Procurement. Which of the following are part of the Five Rights? Select THREE.
Correct Answer: B,C,D
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ABC Ltd wishes to ensure compliance across its supply chain.
Which of the following are steps that can be taken to ensure compliance with regulations and standards including CSR?
Which of the following are steps that can be taken to ensure compliance with regulations and standards including CSR?
Correct Answer: A,D
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Which of the following are legal aspects of a contract a Procurement Manager should know?
Correct Answer: B,C,D
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According to Porter's Five Forces, supplier power is strong in industries where which of the following is true?
[Select THREE]
[Select THREE]
Correct Answer: B,D,E
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