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CIPS Level 3 Module 1 Exam Questions with Verified Answers
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CIPS Level 3 Module 1 Exam Questions with Verified Answers
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CIPS Level 3 Module 1 ExamQuestions with Verified Answers
What does STEEPLED stand for? (External factors - macro environment) - -
Sociological, technological, economic, environmental, political, legal, ethical,
demographic
-How many employees does a micro business have? - -Less than 10
-How many employees does a small business have? - -Less than 50
-How many employees does a medium business have? - -250 or fewer
-What are the support activities of porters value chain model? - -Firm
infrastructure, human resource management, technology development and
procurement
-What are the primary activities of porters value chain model? - -Logistics,
operations, marketing and sales and after sales service
-What is a BRD? - -Business requirements definition - it answers the "what
to buy" question and is based on the needs analysis from operations
-What does RAQSCI stand for? (a model for identifying business
requirements) - -Regulatory, assurance of supply, quality, service, cost and
innovation
-What are the two types of field research? - -Quantitative research
(statistical information) and qualitative research (peoples opinions)
-What are the 4 categories of the Kraljic matrix? - -Critical, strategic, tactical
and leverage
-What is a situation target proposal (STP)? - -It is a statement that describes
the current situation, paints the vision of the target and lists the elements to
be used to get to the target
-What are SMART objectives? - -Specific, Measurable, Achievable, Realistic,
Timely
-What is force majeure? - -Force majeure is a powerful and unexpected
event, such as hurricane or other disaster, which prevent a contract from
being fulfilled
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