Cips l4m2 exam - Study guides, Class notes & Summaries

CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers Fixed Cost (FC) Costs that remain the same irrespective of business activity or volume Variable Cost (VC) Costs that vary with the level of output Market Factors Objectives Drivers Governance Ownership Commodity or Non-Commodity Break-Even Point (BEP) When total costs are equivalent to sales revenue (after this, it is profit) Solving a Problem SCAMPER Substitute Combine Adapt Modify Put to other uses E...

CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers Fixed Cost (FC) Costs that remain the same irrespective of business activity or volume Variable Cost (VC) Costs that vary with the level of output Market Factors Objectives Drivers Governance Ownership Commodity or Non-Commodity Break-Even Point (BEP) When total costs are equivalent to sales revenue (after this, it is profit) Solving a Problem SCAMPER Substitute Combine Adapt Modify Put to other uses E...

CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers Fixed Cost (FC) Costs that remain the same irrespective of business activity or volume Variable Cost (VC) Costs that vary with the level of output Market Factors Objectives Drivers Governance Ownership Commodity or Non-Commodity Break-Even Point (BEP) When total costs are equivalent to sales revenue (after this, it is profit) Solving a Problem SCAMPER Substitute Combine Adapt Modify Put to other uses E...

CIPS L4M2 Exam Questions with Verified Answers 2024 Re-buy - ️️ -It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - ️️ -Review of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy - ️️ -A new pu...

CIPS L4M2 2.1 Marketing Features Analysis Training Exam Questions and Approved Performance Metrics 2024/2025 Bargaining power results in - correct answer Share of available profit Role of procurement in analysis - correct answer Analyse Assess Find ways to maximise value What are porters 5 forces - correct answer supplier power, threat of substitutes, buyer power, threat of new entrants, degree of rivalry Kraljic Matrix - correct answer A tool for portfolio analysis: a four-box mat...

CIPS L4M2 LO1 Exam|97 Questions and Answers verified 100% Correct

CIPS L4M2 EXAM 2024 Re-buy It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy Review of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy A new purchase outlines requirements that have not been specified befo...

CIPS L4M2 exam solutions|2024

CIPS L4M2 Exam Questions with Correct Solutions Graded 100% Pass 'Creative' - Answer Generally refers to an abundance of ideas that are more than just superficial changes. 'Should cost' analysis - Answer A technique used by procurement for determining what a purchased product or service should cost based on the materials, components cost processes and overheads of the supplier. 5 main types of acceptance testing - Answer Alpha and beta, contract acceptance, regulation acceptance, ope...