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CIPS Procurement and Supply in Practice Sample Questions (Q97-Q102):

NEW QUESTION # 97
What Incoterm applies here?
The supplier is responsible for delivering the goods to a carrier or to an intermediate agreed place. From this point, the buyer is responsible for ensuring these goods reach their named destination.

A. CIP – Carriage and Insurance Paid to
B. CPT – Carriage Paid To
C. FCA – Free Career
D. EXW – Ex Works

Answer: B

NEW QUESTION # 98
Create a list of primary and secondary Data sources?

Answer:

Explanation:
Data can be primary or secondary
Primary data are derived from original work or research through experience. Primary data can be gathered from the following sources; 1) Interview (2) survey (3) meetings (4) case studies.
Secondary data is derived from a previous source, i.e. somebody else has gathered the data. Sec-ondary data can be gained from; (1) Books (2) Websites, Trade magazines, etc

NEW QUESTION # 99
Which theory relates to the 3Ps

Answer:

Explanation:
Trying to measure how sustainable an organization was use to be challenging undertaking. However, during the 1990s, a concept brought up by American John Elkington change the way sustainability was measured. This framework is known as the triple bottom line (TBL) and measures sustainability in relation to organizational performance and investment against the 3Ps (1) Profits (2) People (3) Planet. For example; Profit: A packaging manufacturer reinventing its profits in a State- of-the-art recycling machinery for it wasted cardboard.
People: A large privately owned call centre donate its end of life computers to a local youth clubs and social groups to help gain internet cases.

NEW QUESTION # 100
What is CSR policy?

Answer:

Explanation:
Corporate Social responsibility (CSR) policies state how organizations aim to contribute towards the community and how an organization portrays itself towards social impacts.

NEW QUESTION # 101
Use the balance sheet below to work out the correct ratio for coffee Time and explain whether the company appears to have enough assets to cover it liability.

Answer:

Explanation:

A current ratio of 1 shows that the organization has enough assets to repay (cover) it liability Buyers can be encouraged to deal with these suppliers after if they considered proven and strong in other areas.
Refer to the question column for response

NEW QUESTION # 102
……

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Get CIPS L4M8 Exam Questions To Achieve High Score

CIPS L4M8 Exam Collection & Pdf L4M8 Format

CIPS Procurement and Supply in Practice Sample Questions (Q97-Q102):

Pass Guaranteed CIPS – L4M8 – Procurement and Supply in Practice –High Pass-Rate Learning Mode

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