Cips l4m4 lo1 - Study guides, Class notes & Summaries

CIPS L4M4 LO1 QUESTIONS AND ANSWERS 100% PASS What is sourcing? Sourcing is the location, acquisition and management of all the vital inputs required for an organisation to operate. What is tactical/operational sourcing? Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? Top-level decision making High-profit, high-risk items Long-term projects Collaborative relationships What aspects typically re...

CIPS L4M4 LO1(Ethical and Responsible Sourcing) Questions and Answers What are Porters Five Forces? Correct Ans-- Threat of new entrants - Bargaining power of buyers - Threat of substitutes - Bargaining power of suppliers - Rivalry among existing competitors

CIPS L4M4 LO1 questions with 100% correct answers rated A+ What is sourcing? - correct answer Sourcing is the location, acquisition and management of all the vital inputs required for an organization to operate. What is tactical/operational sourcing? - correct answer Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? - correct answer Top-level decision making High-profit, high-risk items Long-term proje...

CIPS L4M4 LO1 What is sourcing? - correct answer Sourcing is the location, acquisition and management of all the vital inputs required for an organization to operate. What is tactical/operational sourcing? - correct answer Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? - correct answer Top-level decision making High-profit, high-risk items Long-term projects Collaborative relationships What aspe...

CIPS L4M4 LO1 exam solution |2024

CIPS L4M4 LO1 EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ What is sourcing? Correct Answer: Sourcing is the location, acquisition and management of all the vital inputs required for an organisation to operate. What is tactical/operational sourcing? Correct Answer: Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? Correct Answer: Top-level decision making High-profit, h...

CIPS L4M4 LO1 exam latest verified 2024

What is sourcing? - Answer-Sourcing is the location, acquisition and management of all the vital inputs required for an organisation to operate. What is tactical/operational sourcing? - Answer-Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? - Answer-Top-level decision making High-profit, high-risk items Long-term projects Collaborative relationships What aspects typically represent value for money? - Ans...

CIPS L4M4 LO1 exam solutions |2024