CIPS L4M1 EXAM WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
3 views 0 purchase
Course
CIPS L4M1
Institution
CIPS L4M1
Tangible - Accurate Answers An item or product which you are able to touch, feel and, importantly, measure
Intangible - Accurate Answers Something you cannot physically see or touch
Strategic - Accurate Answers High level planning, including setting direction and long-term goals
Inventory ...
CIPS L4M1 EXAM 2024\2025
CIPS L4M1 EXAM 2024\2025 WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
Tangible - Accurate Answers✔✔✔ An item or product which you are
able to touch, feel and, importantly, measure
Intangible - Accurate Answers✔✔✔ Something you cannot physically
see or touch
Strategic - Accurate Answers✔✔✔ High level planning, including
setting direction and long-term goals
Inventory - Accurate Answers✔✔✔ Components, raw materials, work
in progress, finished goods and suppliers required for the creation of
goods and services for the customer. It can also refer to the number of
units and/or value of the stock of goods held by a company
, Expediting - Accurate Answers✔✔✔ The process involved in the
progress of an order to ensure stock is received as quickly as possible
Primary sector - Accurate Answers✔✔✔ Industry sector that extracts
raw materials
Secondary sector - Accurate Answers✔✔✔ Industry sector that
manufactures things
Tertiary sector - Accurate Answers✔✔✔ Industry sector that provides
services
Supply chain - Accurate Answers✔✔✔ A channel of goods distribution,
which starts with the supplier of raw materials or components, moves
through a operational process to the distributor and retailer, and finally
to the consumer
Upstream (supply chain) - Accurate Answers✔✔✔ The supply flow of
raw materials, components, parts, etc., needed for production
Downstream (supply chain) - Accurate Answers✔✔✔ The supply chain
that the organisation feeds into, from product to end user
Ethics - Accurate Answers✔✔✔ Principles that govern a person's or
organisation's behaviour
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller GRADEUNITS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.