L4m1 cips - Study guides, Class notes & Summaries
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CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023
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CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023
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L4M1 - CIPS: Scope and Influence of Procurement and Supply with Complete Solutions
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L4M1 - CIPS: Scope and Influence of Procurement and Supply with Complete SolutionsL4M1 - CIPS: Scope and Influence of Procurement and Supply with Complete SolutionsL4M1 - CIPS: Scope and Influence of Procurement and Supply with Complete Solutions 
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 requiremen...
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L4M1 CIPS QUESTIONS & ANSWERS(LATEST UPDATE 2024)CORRECT 100%
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Procurement - ANSWER the process of obtaining something, either tangible or intangible. 
the process starts by indentifying a need and is complete once the goods or services that meet that need are delivered 
 
Purchasing - ANSWER the act of physically ordering and buying something 
 
Supply - ANSWER the infrastructure that ensures products or services get from the supplier to the customer
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CIPS L4M1 Exam Questions and Answers 100% Correct
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CIPS L4M1 Exam Questions and Answers 100% CorrectCIPS L4M1 Exam Questions and Answers 100% CorrectCIPS L4M1 Exam Questions and Answers 100% CorrectCIPS L4M1 Exam Questions and Answers 100% CorrectCIPS L4M1 Exam Questions and Answers 100% CorrectCIPS L4M1 Exam Questions and Answers 100% Correct 
Define procurement - ANSWER-Procurement is the process of obtaining goods or services through following a process that includes identifying the need through to goods or services being delivered. 
 
Define...
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CIPs L4M1 LO1 Exam Questions and Answers (Graded A)
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vCIPs L4M1 LO1 Exam Questions and Answers (Graded A)CIPs L4M1 LO1 Exam Questions and Answers (Graded A)CIPs L4M1 LO1 Exam Questions and Answers (Graded A)CIPs L4M1 LO1 Exam Questions and Answers (Graded A) 
Procurement - ANSWER-Involves obtaining something either tangible (goods) or intangible (services). The process begins by identifying a need and is complete once that need is delivered. It is a strategic function. 
 
tangible - ANSWER-capable of being touched; real, concrete 
 
intangible - A...
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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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CIPS L4M1 - Question & Answer Past Exam 100% Correct
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CIPS L4M1 - Question & Answer Past Exam 100% CorrectCIPS L4M1 - Question & Answer Past Exam 100% CorrectCIPS L4M1 - Question & Answer Past Exam 100% CorrectCIPS L4M1 - Question & Answer Past Exam 100% Correct 
O1. Outline FIVE differences between purchasing goods and purchasing services. - ANSWER-1. Goods are tangible, services are intangible: 
2. Services cannot be separated from their supplier: 
3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 
4...
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CIPs L4M1 LO1 Questions with All Correct Answers 100% Verified
- Exam (elaborations) • 22 pages • 2024
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CIPs L4M1 LO1 Questions with All Correct Answers 100% VerifiedCIPs L4M1 LO1 Questions with All Correct Answers 100% VerifiedCIPs L4M1 LO1 Questions with All Correct Answers 100% VerifiedCIPs L4M1 LO1 Questions with All Correct Answers 100% VerifiedCIPs L4M1 LO1 Questions with All Correct Answers 100% Verified 
Procurement - ANSWER-Involves obtaining something either tangible (goods) or intangible (services). The process begins by identifying a need and is complete once that need is delivered. It...
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CIPS L4M1 LO3 Exam Questions and Answers 100% Correct
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CIPS L4M1 LO3 Exam Questions and Answers 100% CorrectCIPS L4M1 LO3 Exam Questions and Answers 100% CorrectCIPS L4M1 LO3 Exam Questions and Answers 100% CorrectCIPS L4M1 LO3 Exam Questions and Answers 100% CorrectCIPS L4M1 LO3 Exam Questions and Answers 100% Correct 
Corporate Governance - ANSWER-Mechanisms, procedures and processes that are used to control and direct an organisation. 
 
Continuing professional development (CPD) - ANSWER-Undertaking training or attending courses to develop knowle...
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CIPS L4M1 (Management) SCOPE AND INFLUENCE OF PROCUREMENT AND SUPPLY COMPLETE STUDY GUIDE QUESTIONS AND ANSWERS.
- Exam (elaborations) • 55 pages • 2024
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CIPS L4M1 (Management) SCOPE AND INFLUENCE OF 
PROCUREMENT AND SUPPLY COMPLETE STUDY GUIDE 
QUESTIONS AND ANSWERS.
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