Influent - Study guides, Class notes & Summaries
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CIPS L4M1 Scope and Influence of Procurement and Supply QUESTIONS & ANSWERS(RATED A)
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What is Procurement? - ANSWER Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value 
 
What is Purchasing? - ANSWER Is the ACT of physically ordering and buying something. 
 
What is Supply? - ANSWER Is the INFRASTRUCTURE which ensures that products and services get from supplier to the customer.
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CIPS L4M1 Scope and Influence of Procurement and Supply Questions with Complete Solutions.
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CIPS L4M1 Scope and Influence of Procurement and Supply Questions with Complete Solutions.
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L4M1 Scope of influence of procurement and supply Questions and Answers
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L4M1 Scope of influence of procurement and supply 
Questions and Answers 
Kraljic's Portfolio analysis / Matrix Correct Ans-1) Leverage - high cost, low risk (vast 
competition, low cost to switch). ricity. 
2) Strategic - high cost, high risk. (critical supplier, core products)
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CIPS L4M1 Scope and Influence of Procurement and Supply Questions and Answers Graded A+
- Exam (elaborations) • 78 pages • 2024
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CIPS L4M1 Scope and Influence of 
Procurement and Supply Questions and 
 
Answers Graded A+ 
 
What is Procurement? 
Procurement is a STRATEGIC function of a business obtains something Tangible as goods or 
Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management 
Quality, Cost, Added Value 
What is Purchasing? 
Is the ACT of physically ordering and buying something. 
What is Supply? 
Is the INFRASTRUCTURE which ensures that products and services get from supplie...
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L4M1 - CIPS: Scope and Influence of Procurement and Supply-Questions and Answers
- Exam (elaborations) • 24 pages • 2024
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L4M1 - CIPS: Scope and Influence of Procurement and 
Supply-Questions and Answers 
Competitive Dialogue with negotiation Correct Ans-Multi-stage process involving 
negotiation with the bidders 
Compliance Correct Ans-Conformed to rules and regulations
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CIPS L4M1 Scope and Influence of Procurement and Supply correctly answered 2024
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CIPS L4M1 Scope and Influence of Procurement and Supply correctly answered 2024 
What is Procurement? - correct answer Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value 
 
What is Purchasing? - correct answer Is the ACT of physically ordering and buying something. 
 
What is Supply? - correct answer Is the INFRASTRUCTURE which ensures that...
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CIPS L4M1 Scope and Influence of Procurement and Supply Questions with Complete Solutions
- Exam (elaborations) • 78 pages • 2024
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CIPS L4M1 Scope and Influence of Procurement and Supply Questions with Complete Solutions
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Relgious Studies AS/A level: OCR Philosophy - Ancient Philosophical Influences Revision Notes: Plato and Aristotle; detailed summary and evaluation booklet
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This in-depth description (AO1) and analysis (AO3) of Ancient Philosophical Influences includes all the information you need to know for this topic in both AS level and A level. 
 
These notes include a detailed description of every concept including Plato's Cave, Plato's Forms and Form of the Good, Aristotle's Four Causes, and Prime Mover. As well as this, an in-depth evaluation is provided with a discussion of both the strengths and weaknesses of Plato and Aristotle's approach along with some...
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L4M1 - CIPS: Scope and Influence of Procurement and Supply CORRECT 100%
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Artificial Intelligence (AI) - ANSWER Machines that display human-like intelligence 
 
Assets - ANSWER The value of everything an organisation owns 
 
Audit - ANSWER A systematic inspection of a process or procedure to assess compliance with requirements or regulations 
 
Batch Quantity - ANSWER Amount of products produced at a time 
 
Benchmark - ANSWER Compare an element of one business, such as price, quality or service, against another 
 
Bid - ANSWER Offer of a price, may be a response to a...
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RN SOCIAL INFLUENCES ASSESSMENT
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RN SOCIAL INFLUENCES ASSESSMENT
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