CIPS Ethical Procurement and Supply L3M2 Dumps in PDF

Free CIPS L3M2 Real Questions (page: 19)

The crime of obtaining money through threats or force, is called:

  1. Fraud
  2. Bribery
  3. Embezzlement
  4. Extortion

Answer(s): D

Explanation:

This is a definition of extortion.
The other terms shown as possible answers are within the syllabus for this course and may be the subject of other questions within this test.



The axes on the Mendelow stakeholder management matrix are:

  1. Power and interest
  2. Power and influence
  3. Risk and interest
  4. Risk and reward

Answer(s): A

Explanation:

How powerful are stakeholders?
How much interest do they have?
Using these measures to help manage stakeholders effectively.



The abbreviation `SOP' stands for:

  1. Standard office procedure
  2. Standard operating procedure
  3. System operating perfectly
  4. Standard operations process

Answer(s): B

Explanation:

Standard operating procedure.

A set of step-by-step instructions to direct employees how to perform routine operations (Profex Publishing).



A specification which focuses on the outputs of a requirement is called:

  1. Non-conformance
  2. Performance
  3. Conformance
  4. Non-performance

Answer(s): B

Explanation:

A performance specification concentrates on the outputs of whatever it is you're buying.



`Value engineering is a structured approach to increasing the value obtained from a product by of- fering the same level of XXXXX at a lower cost'.
What is XXXXX?

  1. Functionality
  2. Service
  3. Applicability
  4. Practicality

Answer(s): A

Explanation:

Functionality.
The idea of value analysis or value engineering is that cost should be taken out of the product, whilst enabling the same performance.



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