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CIPS L3M1 Exam

Procurement and Supply Environments

Total Questions: 90

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CIPS L3M1 Questions

Q1.

'Partnerships are not-for-profit entities'. True or false?

Q2.

Which of the following are examples of renewable resources?

Q3.

One textbook (Profex Publishing) for this course under the heading 'Right price for the supplier' re-fers to:

'A price which allows the seller to win business, in competition with other suppliers (according to how badly it needs the business, and the prices being charged by its competitors)'

Which of the following mechanisms is being referred to here?

Q4.

'Cost transparency' is the notion that:

Q5.

Pressure groups which seek to promote a particular issue, such as human rights, the environment; or raise awareness (eg modern slavery); or lobby for legislative change on a particular issue (eg species protection) are called:

Solutions:
Question: 1 Answer: A
Question: 2 Answer: A, D
Question: 3 Answer: B
Question: 4 Answer: B
Question: 5 Answer: D

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