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CIPS level 3/4 Module 1 & 8 Questions and Answers 100% Correct
CIPS level 3/4 Module 1 & 8 Questions and Answers 100% Correct
[Show more]CIPS level 3/4 Module 1 & 8 Questions and Answers 100% Correct
[Show more]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 employee...
Preview 2 out of 5 pages
Add to cartWhat 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 employee...
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 employee...
Preview 2 out of 5 pages
Add to cartWhat 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 employee...
Name the 13 stages of the procurement cycle 1. Understand the need. 
2. Market Commodity options. 
3. Develop Stratgey/ Plan. 
4. Pre-procurement / market test. 
5. Develop required documentation. 
6. Supplier Selection. 
7. Issue invitation to tender. 
8. Bid / tender evaluation. 
9. Contract Award...
Preview 3 out of 22 pages
Add to cartName the 13 stages of the procurement cycle 1. Understand the need. 
2. Market Commodity options. 
3. Develop Stratgey/ Plan. 
4. Pre-procurement / market test. 
5. Develop required documentation. 
6. Supplier Selection. 
7. Issue invitation to tender. 
8. Bid / tender evaluation. 
9. Contract Award...
The Purchasing process1. Define Specification. 
2. Select Supplier 
3. Contract Agreement 
4. Ordering 
5. Expediting 
6. Evaluation Follow up 
Definition of Procurement & Supplyrecognition of the fact that the purchasing function has a 
role in not just "buying inputs" but in "securing supply" ...
Preview 4 out of 57 pages
Add to cartThe Purchasing process1. Define Specification. 
2. Select Supplier 
3. Contract Agreement 
4. Ordering 
5. Expediting 
6. Evaluation Follow up 
Definition of Procurement & Supplyrecognition of the fact that the purchasing function has a 
role in not just "buying inputs" but in "securing supply" ...
Name the 13 stages of the procurement cycle1. Understand the need. 
2. Market Commodity options. 
3. Develop Stratgey/ Plan. 
4. Pre-procurement / market test. 
5. Develop required documentation. 
6. Supplier Selection. 
7. Issue invitation to tender. 
8. Bid / tender evaluation. 
9. Contract Award....
Preview 3 out of 22 pages
Add to cartName the 13 stages of the procurement cycle1. Understand the need. 
2. Market Commodity options. 
3. Develop Stratgey/ Plan. 
4. Pre-procurement / market test. 
5. Develop required documentation. 
6. Supplier Selection. 
7. Issue invitation to tender. 
8. Bid / tender evaluation. 
9. Contract Award....
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