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CIPS L4M2 Exam With Confidence Using Practice Dumps

Exam Code:
L4M2
Exam Name:
Defining Business Needs
Certification:
CIPS Level 4 Diploma in Procurement and Supply
Vendor:
CIPS
Questions:
237
Last Updated:
Sep 16, 2025
Exam Status:
Stable
CIPS L4M2

L4M2: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the CIPS L4M2 (Defining Business Needs) exam? Download the most recent CIPS L4M2 braindumps with answers that are 100% real. After downloading the CIPS L4M2 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIPS L4M2 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIPS L4M2 exam on your first attempt, we have compiled actual exam questions and their answers. 

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Defining Business Needs Questions and Answers

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Question 1

Aldar Properties is a property developer in UAE. In last month, it spent $2,160 for 10 tons of steel. In this month, it had planned 10% increment in budget for steel comparing to last month. But the number of orders boosted and total spend on steel reached $1,992.1 while Aldar has imported 11 tons. What is the main cost driver of steel budget?

Options:

A.

Both price and quantity variances

B.

Inflation

C.

Quantity variance

D.

Price variance

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Question 2

Which of the following activities are considered as primary activities of an organization according to Porter's value chain? Select TWO that apply:

Options:

A.

Maintenance

B.

Picking and delivery components

C.

Sourcing transportation services

D.

Trainees recruitment

E.

Assembly design

Question 3

A procurement manager decided to use a conformance specification in a request for quotation (RFQ) for the manufacturing of a specialist item designed by their company. The company does not have the capability to manufacture the item in-house, but requires the item to be made to their detailed specification. Was this the correct thing to do?

Options:

A.

Yes, as it means that the company will be able to get the most cost-effective price for the item from the chosen supplier

B.

Yes, as it means that the company will get exactly what it has specified and meets its specific requirements

C.

No, as the item will be of non-standard construction and will not be able to be used by other competitors

D.

No, as it means that the chosen supplier will not be able to use their expertise and knowledge to manufacture the item

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