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NCMA CPCM test Questions with multiple choices verified

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NCMA CPCM test Questions with multiple choices verified If you are an experienced contract management leader and you need to make a fast, high risk decision in an uncertain situation, what is the best approach? -Intuition -Fact finding -Analysis -Consultation - CORRECT ANSWER-Intuition When pre-planning strategies for making a decision, the leader should: -Dispel assumptions that can negatively affect his/her leadership role -Assume others think in a certain way -Provide no ind...

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CMKG CPCM Exams 2024 final for actual exam

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CMKG CPCM Exams 2024 final for actual exam D. Cannibalization - CORRECT ANSWER-A Retailer introduces a new item in Category A that causes Category B buyers to switch their purchases from Category A to Category B. What is this an example of? A. Brand extension B. Incremental contribution C. Product Line extension D. Cannibalization True (space planning) - CORRECT ANSWER-True or false? When you're completing an assortment and space planning project, it's best to import the item lev...

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CPCM Certification exam 100% correctly answered

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CPCM Certification exam 100% correctly answered Competitive negotiation - CORRECT ANSWER-A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract - CORRECT ANSWE...

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CPCM (Practice Exam) Q&A 2024

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CPCM (Practice Exam) Q&A 2024 Dispositon - CORRECT ANSWER-The act of moving goods out of one's internal organization to another organization due to loss of value. A contracting officer is preparing to award a contract for Advisory & Assistance Services to a small business. The contracting officer wants to make sure the small business is financially capable of performing and managing the contract. The Contracting Officer requests the contractors Balance Sheet from the most recently com...

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CPCM Practice Exam final study set of questions and answers 2024

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CPCM Practice Exam final study set of questions and answers 2024 What best reflects the relationship between the leader and vision? - CORRECT ANSWER-Leader + Vision = Results which is the following are the recommended basic types of feedback? - CORRECT ANSWER-Corrective, confirmatory, motivating Decribes a leader who is developing new leaders? - CORRECT ANSWER-Focuses on individual strengths Want to be succeeded Develop the top 20% Treat their leaders as individuals for impact Gi...

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CMKG CPCM study guide exam GradedA 2024

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CMKG CPCM study guide exam GradedA 2024 A. Market shares. Through a compilation of banners in the data. - CORRECT ANSWER-Which of the following analytics is NOT available in retailer POS data? A. Market shares. Through a compilation of banners in the data. B. All of these analytics are available in retailer POS data. C. Trends. Through time variations available in the data. D. Sales and profit analysis. Through total store, aisle, department, brand, and segment. E. Shopper insights. T...

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NCMA CPCM Practice Test Exam questions with verified answers

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NCMA CPCM Practice Test Exam questions with verified answers Which of the following requires the use of modular contracting for major IT system purchases? -The Sarbanes-Oxley Act -The Clinger-Cohen Act -SCA -ITRA - CORRECT ANSWER-The Clinger-Cohen Act Who is responsible for ensuring the contractor's performance is in accordance with the contract? -The contracting officer -The seller's contract manager -Contract managers on the buyer and seller sides -The government - COR...

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NCMA CPCM Quiz and answers correctly verified

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NCMA CPCM Quiz and answers correctly verified Recommended basic types of feedback - CORRECT ANSWER-Corrective, confirmatory, motivating A decisive leader is - CORRECT ANSWER-Confident and effective Which of the following is a leadership process competency? (-a. Character, -b. Credibility, -c. Confidence, -d. Cooperation) - CORRECT ANSWER-Character Which of the following is not a step in the 6-step Decision-Making process to decisive decision making? (-a. Provide feedback, -b. Impleme...

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CPCM Final Exam (questions and answers) 2024

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CPCM Final Exam (questions and answers) 2024 Data Sharing: (Can share Competitive Data with Retailers & Vendor partners can share it with me) Data Considerations: (Need to understand which measures are additive) Trends Analysis: (Can compare Quarterly data to understand Seasonality and Annual data for overall Trends) Data Significance: (Need to confirm if # of Buyers is large enough) - CORRECT ANSWER-Panel Data guidelines % of Buyers in a particular Demographic Group - CORRECT ANSWE...

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CPCM Exam 2024 with 100% correct answers

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CPCM Exam 2024 with 100% correct answers Accountability - CORRECT ANSWER-An obligation or willingness to accept responsibility for one's actions Character - CORRECT ANSWER-A leadership competency that says that contract leaders must be able to perform contract management with the highest standards of ethical behavior and with integrity, decisiveness and optimism Collaboration - CORRECT ANSWER-Working jointly with others or together, especially in an intellectual endeavor Competenc...

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