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CIPS L4M6 Exam With Confidence Using Practice Dumps

Exam Code:
L4M6
Exam Name:
Supplier Relationships
Vendor:
Questions:
180
Last Updated:
Apr 30, 2025
Exam Status:
Stable
CIPS L4M6

L4M6: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Supplier Relationships Questions and Answers

Question 1

Which of the following are not a valid reasons to terminate a relationship with a supplier? Select TWO.

Options:

A.

The supplier suddenly increases prices

B.

The supplier made one late delivery

C.

Supply base rationalisation

D.

The supplier becomes insolvent

E.

The supplier has a change in senior management

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Question 2

Francisco has entered a partnership with Pedro, who is a key supplier, and wants to ensure that the partnership achieves all of Francisco’s goals. As well as qualitative and quantitative KPIs, what other measures could Francisco take to ensure the partnership is a success?

Options:

A.

Do frequent appraisals on the supplier

B.

Conduct regular audits

C.

Ensure there is a damages clause in the contract

D.

Threaten the supplier with termination if he underperforms

Question 3

A restricted market is a market where there are only a small number of capable and competent suppliers. Which of the following is not a reason for a marketplace to be restricted?

Options:

A.

Low levels of profitability

B.

High barriers to entry

C.

Strong governmental regulation

D.

The product is easy to source elsewhere