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[Show more]L4M8 Procurement & Supply in Practice 
Exam Questions And Answers (Verified And 
Updated) 
How many stages are there within the CIPS Procurement Cycle? - answerThe CIPS 
procurement cycle has 13 stages: 
1. Understand need and develop a high-level specification. 
2. Market/commodity options includin...
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Add to cartL4M8 Procurement & Supply in Practice 
Exam Questions And Answers (Verified And 
Updated) 
How many stages are there within the CIPS Procurement Cycle? - answerThe CIPS 
procurement cycle has 13 stages: 
1. Understand need and develop a high-level specification. 
2. Market/commodity options includin...
CIPS L4M8 theories Exam Questions With 
Verified Answers 
Carters 10 C's - answerCompetence 
Capacity 
Commitment 
Control 
Cash 
Cost 
Consistency 
Clean 
Culture 
Communication 
CIPS relationship spectrum - supplier selection - answerAdversarial 
Arms length 
Transactional 
Bespoke 
Outsourced 
S...
Preview 2 out of 11 pages
Add to cartCIPS L4M8 theories Exam Questions With 
Verified Answers 
Carters 10 C's - answerCompetence 
Capacity 
Commitment 
Control 
Cash 
Cost 
Consistency 
Clean 
Culture 
Communication 
CIPS relationship spectrum - supplier selection - answerAdversarial 
Arms length 
Transactional 
Bespoke 
Outsourced 
S...
CIPS L4M8 LO3 Exam Questions With 
Verified Answers 
what is a fixed asset? - answerassets that are purchased for long-term use and not intended to 
be converted directly into cash 
what is included in whole life asset management? - answer- lessons learned feeds into 
identification of needs/specifi...
Preview 2 out of 10 pages
Add to cartCIPS L4M8 LO3 Exam Questions With 
Verified Answers 
what is a fixed asset? - answerassets that are purchased for long-term use and not intended to 
be converted directly into cash 
what is included in whole life asset management? - answer- lessons learned feeds into 
identification of needs/specifi...
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