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100% Pass Quiz 2025 CIPS High-quality L4M6: CIPS Supplier Relationships Actual Exam

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CIPS Supplier Relationships Sample Questions (Q145-Q150):

NEW QUESTION # 145
Which of the following is a stage in the relationship lifecycle?

A. Graduation
B. Testing
C. Decline
D. Measuring

Answer: D

Explanation:
Comprehensive and Detailed Explanation:
The supplier relationship lifecycle comprises several stages that outline the progression of the buyer-supplier relationship. One of these stages isMeasuring, which involves assessing the supplier's performance against agreed-upon metrics and key performance indicators (KPIs). This stage is crucial for ensuring that the supplier meets the organization's expectations and for identifying areas for improvement.
Reference:
"The stages of the relationship life cycle include: Onboarding, Qualification, Segmentation and risk management, Performance management (Measuring), Development and innovation, and Phase-out."- CIPS L4M6 Study Guide

NEW QUESTION # 146
Which of the following is a characteristic of a traditional contracting agreement?

A. Emphasis on mutual trust between purchaser and supplier
B. Emphasis on single source arrangement
C. Emphasis on short-term business relationships
D. Emphasis on quality assurance based on zero defects

Answer: C

Explanation:
Comprehensive and Detailed Explanation:
Traditional contracting agreements are typically characterized by:
* Short-Term Focus:These agreements often prioritize immediate needs over long-term collaboration.
* Transactional Nature:Emphasis is on price and terms rather than building strategic partnerships.
Reference:
"L4M6 Summarised Note"- Evocurement: L4M6 Summarised Note

NEW QUESTION # 147
What are the relationship characteristics of a Partnership?

A. Short-term focus and one-off transactions
B. Sharing ideas and risk
C. An adversarial relationship
D. Focus on price competitiveness

Answer: B

Explanation:
Partnerships emphasize collaboration, shared risks, and mutual benefits. Unlike adversarial or transactional relationships, they focus on long-term goals and joint value creation.

NEW QUESTION # 148
Polly Manufacturing is a company which manufactures bicycle parts. It has several factories around the country and is one of the leading suppliers of wheels, bells and pedals. Which of the following is Polly Manufacturing likely to outsource? Select TWO options.

A. Manufacturing of all bicycle parts
B. Cleaning
C. Facilities Management
D. Manufacturing of bells only

Answer: B,C

Explanation:
They could outsource cleaning and facilities management. These are auxiliary services. The manufacturing of bike parts is their 'core' business so they should retain this in-house

NEW QUESTION # 149
Brian Air is a company that is trying to break into the air transport market. Which of the following could be barriers to entry for Brian Air? Select THREE

A. economies of scale
B. health and safety
C. ethical sourcing
D. access to capital
E. licences and permits

Answer: A,D,E

Explanation:
Barriers to entry are economies of scale (in the air travel industry you can't just start off small and grow), access to capital (you need to already have a lot of money to buy airplanes) and licences and permits (you need to ensure you have the correct licences to fly planes). These are listed on p.41. Other barriers include; strong brand identity already dominant in the market, high switching costs for buyers, access to distribution networks and government policy.

NEW QUESTION # 150
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