L4m1 cips - Study guides, Class notes & Summaries

CIPS L4M1 Scope and Influence of Procurement and Supply correctly answered 2024 What is Procurement? - correct answer Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? - correct answer Is the ACT of physically ordering and buying something. What is Supply? - correct answer Is the INFRASTRUCTURE which ensures that...

CIPS L4M1 Definitions- Questions and Answers 100% Pass Cost of Sales Correct Ans-Amount of money directly attributable to the production of goods or services that are sold

CIPS L4M1 EXAM SOLVED 100% CORRECT!! Stakeholders In any activity an organization undertakes, whether strategic, operational or tactical, the activity can only be successful with the input, commitment and support of its key stakeholders. Gaining and maintaining the support and commitment of stakeholders requires a continuous process of engaging the right stakeholders at the right time and understanding and managing their expectations. Global Supply Chains a dynamic worldwide network when a...

CIPS L4M1 PROCUREMENT AND SUPPLY EXAM QUESTIONS AND ANSWERS WITH EXPLANATIONS

CIPS L4M1 EXAM PREPARATION QUESTIONS AND CORRECT ANSWERS STUDY GUIDE GRADE A+ 2024 UPDATE

CIPS L4M1 LO4 Exam Questions and Answers 100% CorrectCIPS L4M1 LO4 Exam Questions and Answers 100% CorrectCIPS L4M1 LO4 Exam Questions and Answers 100% CorrectCIPS L4M1 LO4 Exam Questions and Answers 100% CorrectCIPS L4M1 LO4 Exam Questions and Answers 100% Correct private sector - ANSWER-A sector of the economy that is owned, financed and run by private individuals public sector - ANSWER-Service organisations, run by the government, and usually funded by taxes Third sector or not for pro...

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023

CIPS L4M1 - Question & Answer Past exam questions.

CIPS L4M1 Exam Questions and Answers 100% CorrectCIPS L4M1 Exam Questions and Answers 100% CorrectCIPS L4M1 Exam Questions and Answers 100% CorrectCIPS L4M1 Exam Questions and Answers 100% CorrectCIPS L4M1 Exam Questions and Answers 100% Correct Innovation, sustainability, meeting KPI's and market development are all examples of added ___? - ANSWER-Value ____ costs are not directly attributable to the end product or service - ANSWER-Indirect Which of the following are recognised categori...

CIPS L4M1 - Question & Answer Past Exam Questions Already Passed O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Ex...