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L5M6 Exam Dumps : Category Management

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Category Management Questions and Answers

Question 1

Teddy Ltd has created a virtual cross-functional procurement team across divisions. What could become a barrier to success?

Options:

A.

Geography

B.

Language and use of acronyms

C.

Time

D.

Cost

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Question 2

What is contract leakage?

Options:

A.

When spend with a supplier is more than was stated in the contract

B.

When spend with a supplier is less than was forecast

C.

The gap between proposed KPI levels and those actually achieved by the supplier

D.

The gap between benefits identified in the pre-award stage of the contract and those actually achieved

Question 3

ABC Ltd is a manufacturer of hi-tech IT equipment in an industry set to grow substantially over the next 10 years. What type of industry is this?

Options:

A.

Bull industry

B.

Bear industry

C.

Dog industry

D.

Cow industry