Cips l4m4 lo1 - Study guides, Class notes & Summaries
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CIPS L4M4 LO1 QUESTIONS AND ANSWERS 100% PASS
- Exam (elaborations) • 23 pages • 2024
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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...
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CIPS L4M4 LO1(Ethical and Responsible Sourcing) Questions and Answers
- Exam (elaborations) • 19 pages • 2024
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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
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CIPS L4M4 LO1 questions with 100% correct answers rated A+
- Exam (elaborations) • 14 pages • 2024
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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...
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CIPS L4M4 LO1 questions with answers graded A+ 2024
- Exam (elaborations) • 14 pages • 2024
- Available in package deal
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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...
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CIPS L4M4 LO1 exam solution |2024
- Exam (elaborations) • 12 pages • 2024
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CIPS L4M4 LO1 exam solution |2024
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CIPS L4M4 LO1 EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+
- Exam (elaborations) • 17 pages • 2024
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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...
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CIPS L4M4 LO1 exam latest verified 2024
- Exam (elaborations) • 12 pages • 2024
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- $25.49
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CIPS L4M4 LO1 exam latest verified 2024
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CIPS Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)
- Package deal • 17 items • 2024
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CIPS Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)
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CIPS L4M4 LO1
- Exam (elaborations) • 10 pages • 2024
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- $10.49
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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...
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CIPS L4M4 LO1 exam solutions |2024
- Exam (elaborations) • 12 pages • 2024
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- $25.49
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CIPS L4M4 LO1 exam solutions |2024
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