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[General] Training L4M6 Pdf | Valid L4M6 Exam Experience

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【General】 Training L4M6 Pdf | Valid L4M6 Exam Experience

Posted at yesterday 21:44      View:2 | Replies:0        Print      Only Author   [Copy Link] 1#
P.S. Free & New L4M6 dumps are available on Google Drive shared by PDFBraindumps: https://drive.google.com/open?id=1OYXb-WgAIBTahwhGsg1m8tbFFTRv87lP
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CIPS L4M6 exam, also known as CIPS Supplier Relationships, is an important certification that is designed to help procurement professionals manage their supplier relationships efficiently. L4M6 exam is ideal for professionals working in the procurement industry who want to enhance their knowledge of supplier management and build their skills to deliver better value for their organization. L4M6 Exam focuses on building effective supplier relationships that deliver benefits such as cost savings, more efficient processes and higher quality goods and services.
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CIPS Supplier Relationships Sample Questions (Q228-Q233):NEW QUESTION # 228
According to Mendelow, there are four ways stakeholders can be managed, depending on the amount of power they have, and how interested they are in your project. What are these four categories?
  • A. Minimal effort, manage closely, keep informed, keep satisfied
  • B. Manage closely, manage loosely, keep satisfied, keep informed
  • C. Keep satisfied, keep informed, minimal effort, no effort
  • D. Keep informed, keep happy, keep satisfied, keep notified
Answer: A
Explanation:
The four categories are; Minimal effort, manage closely, keep informed, keep satisfied. You can see the Matrix on p.81. An easy way to remember this is there are 2 Ms and 2 Keeps. And these sit on opposite sides of the matrix.

NEW QUESTION # 229
Which of the following are possible drivers for partnership sourcing? Select THREE.
  • A. The marketplace has become more volatile
  • B. The need to improve performance to satisfy the end customer
    To increase production costs and lead-times
  • C. Working together will create synergies
  • D. The protection of intellectual property rights
Answer: A,B,C
Explanation:
The correct answers are; The marketplace has become more volatile, Working together will create synergies and The need to improve performance to satisfy the end customer. Further Drivers of Partnership Sourcing can be found on p.127. The other answers are incorrect as entering a partnership won't protect intellectual property rights- in fact that's one of the big risks of entering into a partnership. Partnerships won't increase costs and lead-times, they're likely to decrease them.

NEW QUESTION # 230
A buyer has a requirement to purchase 1,000 widgets for a manufacturing company. The widgets are critical for the next stage of the manufacturing process. What would be the key selection criterion for this buyer?
  • A. Ability to deliver by the deadline
  • B. Ability to add value to the order
  • C. Ability to meet ISO standards
  • D. Ability to produce low-cost widgets
Answer: A
Explanation:
Timely delivery is essential to prevent disruptions in critical manufacturing processes. While cost and standards are important, they are secondary when urgency and dependency are high.

NEW QUESTION # 231
A low level of trust between parties can often lead to partnership relationships being unsuccessful and failing.
Which of the following supports the protection of commercially sensitive information between both parties and can help to retain trust?
  • A. An authorised business case
  • B. A non-disclosure agreement
  • C. Early supplier involvement
  • D. A business continuity plan
Answer: B
Explanation:
Comprehensive and Detailed Explanation:
A Non-Disclosure Agreement (NDA) is a legal contract that establishes a confidential relationship between parties. It ensures that any sensitive information shared during the course of a partnership is not disclosed to unauthorized parties. Implementing an NDA fosters trust by providing assurance that proprietary information, trade secrets, and other confidential data are protected. This is particularly crucial in partnerships where open communication and information sharing are essential for success.
Reference:
CIPS L4M6 Study Guide

NEW QUESTION # 232
Canadian Office Furniture Manufacturing Ltd (COFM) was trying to enter the Australian market, but without any success. The main issue is that the Australian government supports local manufacturers. COFM has successfully bid to acquire an Australian office furniture manufacturer. Which of the following benefits will COFM achieve by the acquisition?
* Accessing the restricted local market
* Removing the government support for local manufacturers
* Decreasing the competition between local manufacturers
* Improving its knowledge of the local market
  • A. 2 and 3 only
  • B. 3 and 4 only
  • C. 1 and 4 only
  • D. 1 and 2 only
Answer: C
Explanation:
Comprehensive and Detailed Explanation:
By acquiring an Australian office furniture manufacturer, COFM can:
* Access the Restricted Local Market:Acquisition allows COFM to operate as a local entity, thereby overcoming barriers to entry and benefiting from any local government support available to domestic manufacturers.
* Improve Knowledge of the Local Market:The acquired company brings with it an understanding of local customer preferences, regulatory requirements, and market dynamics, which is invaluable for successful operations.
However, the acquisition does not remove government support for other local manufacturers, nor does it necessarily decrease competition.
Reference:
CIPS L4M6 Study Guide

NEW QUESTION # 233
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Our L4M6 exam simulation is selected many experts and constantly supplements and adjust our questions and answers. When you use our L4M6 study materials, you can find the information you need at any time. When we update the L4M6 preparation questions, we will take into account changes in society, and we will also draw user feedback. If you have any thoughts and opinions in using our L4M6 Study Materials, you can tell us. We hope to grow with you and the continuous improvement of L4M6 training engine is to give you the best quality experience.
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P.S. Free & New L4M6 dumps are available on Google Drive shared by PDFBraindumps: https://drive.google.com/open?id=1OYXb-WgAIBTahwhGsg1m8tbFFTRv87lP
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