1 Exam (elaborations) 1.3 Cyberspace Infrastructure Planning System (CIPS)verified/passed 2024/2025 2 Exam (elaborations) Chapter 10 concept clips psych with 100% correct answers 2024 3 Exam (elaborations) CIPS - L4M3 Commercial Contracting - CHAPTER 1 question n answers 2024 4 Exam (elaboration...
[Meer zien]
L4M8 CIPSABC Analysis - correct answer A technique used to categories suppliers into three groups of decreasing value. A Group - 10-15% of your suppliers, but 80% of the spend. B Group - represent 20-25% of your suppliers, but only 15% spend. C Group - Represent 60-70% of your suppliers, but o...
Voorbeeld 2 van de 7 pagina's
In winkelwagenL4M8 CIPSABC Analysis - correct answer A technique used to categories suppliers into three groups of decreasing value. A Group - 10-15% of your suppliers, but 80% of the spend. B Group - represent 20-25% of your suppliers, but only 15% spend. C Group - Represent 60-70% of your suppliers, but o...
L4M3 - CIPS: Commercial ContractingAd-Hoc Purchase - correct answer An item bought for a single and non-recurring use or purpose Alternative Dispute Resolution (ADR) - correct answer Any method of resolving a dispute between two parties which does not involve court action, including escalation ...
Voorbeeld 2 van de 11 pagina's
In winkelwagenL4M3 - CIPS: Commercial ContractingAd-Hoc Purchase - correct answer An item bought for a single and non-recurring use or purpose Alternative Dispute Resolution (ADR) - correct answer Any method of resolving a dispute between two parties which does not involve court action, including escalation ...
L4M2 - CIPS: Defining Business NeedAcceptance Testing - correct answer A form of testing used to determine if the requirements of a specification or contract are met Accrual - correct answer An adjustment made to a set of financial accounts to reflect activity that has occurred but for which ca...
Voorbeeld 2 van de 13 pagina's
In winkelwagenL4M2 - CIPS: Defining Business NeedAcceptance Testing - correct answer A form of testing used to determine if the requirements of a specification or contract are met Accrual - correct answer An adjustment made to a set of financial accounts to reflect activity that has occurred but for which ca...
Great clips products Super Skinny Serum (Paul Mitchell) - correct answer Cuts blow drying time up to 25% Smooths conditions and seals hair Keeps hair frizz free Apply to damp hair Ideal for all hair types Not to heavy Hot off the press (Paul Mitchell) - correct answer Thermal protecti...
Voorbeeld 2 van de 9 pagina's
In winkelwagenGreat clips products Super Skinny Serum (Paul Mitchell) - correct answer Cuts blow drying time up to 25% Smooths conditions and seals hair Keeps hair frizz free Apply to damp hair Ideal for all hair types Not to heavy Hot off the press (Paul Mitchell) - correct answer Thermal protecti...
Conflict of Interest 4Ds CIPS Disclose Disclosing a conflict is an important first step. Distance Maintain distance by allocating ongoing relationship responsibility to another colleague. Delegate If distancing is not possible then delegating tasks such as negotiations to a col...
Voorbeeld 1 van de 1 pagina's
In winkelwagenConflict of Interest 4Ds CIPS Disclose Disclosing a conflict is an important first step. Distance Maintain distance by allocating ongoing relationship responsibility to another colleague. Delegate If distancing is not possible then delegating tasks such as negotiations to a col...
Commercial Auto, Surety, CIPs, and Miscellaneous Lines Chapter 8 QuizHoliday Builders finishes construction on Garcia's home. Several years later, an improperly installed balcony collapses, injuring Garcia and several guests attending his Super Bowl party. Garcia files a claim against Holiday Build...
Voorbeeld 1 van de 2 pagina's
In winkelwagenCommercial Auto, Surety, CIPs, and Miscellaneous Lines Chapter 8 QuizHoliday Builders finishes construction on Garcia's home. Several years later, an improperly installed balcony collapses, injuring Garcia and several guests attending his Super Bowl party. Garcia files a claim against Holiday Build...
Command Words CIPS Level 4 Diploma Analyze - correct answer Examine a topic together with thoughts and judgments about it, by dividing the topic into its separate parts and looking at each part in detail Appraise - correct answer Evaluate, judge or assess something, giving views based on stre...
Voorbeeld 1 van de 3 pagina's
In winkelwagenCommand Words CIPS Level 4 Diploma Analyze - correct answer Examine a topic together with thoughts and judgments about it, by dividing the topic into its separate parts and looking at each part in detail Appraise - correct answer Evaluate, judge or assess something, giving views based on stre...
CIPS Tender Process - correct answer Determine style of tender Prepare invitation -include info so all bidders understand the need and send a suitable bid Send ITT using suitable platform Receive bids - any bids after deadline date should be disregarded. Evaluate the bids. Check they meet the...
Voorbeeld 2 van de 12 pagina's
In winkelwagenCIPS Tender Process - correct answer Determine style of tender Prepare invitation -include info so all bidders understand the need and send a suitable bid Send ITT using suitable platform Receive bids - any bids after deadline date should be disregarded. Evaluate the bids. Check they meet the...
CIPS Level 4 Module 1The Purchasing process - correct answer 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply - correct answer recognition of the fact that the purchasing function has a ro...
Voorbeeld 4 van de 55 pagina's
In winkelwagenCIPS Level 4 Module 1The Purchasing process - correct answer 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply - correct answer recognition of the fact that the purchasing function has a ro...
CIPS L5M9 Operations Management LO1Operations Management - correct answer The processes of managing the resources and processes involved in the acquisition and transformation of inputs and the distribution of outputs. Five Key Performance Dimensions / Performance Objectives - Slack and Brandon-J...
Voorbeeld 2 van de 15 pagina's
In winkelwagenCIPS L5M9 Operations Management LO1Operations Management - correct answer The processes of managing the resources and processes involved in the acquisition and transformation of inputs and the distribution of outputs. Five Key Performance Dimensions / Performance Objectives - Slack and Brandon-J...
CIPS L5M1 Basic characteristics of an organizations - correct answer Structure Objectives People Fayols 5 functions of management - correct answer Planning Organising Commanding Co ordinating Controlling STEEPLE - correct answer Socio- cultural ,Technological, Economic, Ecological,...
Voorbeeld 1 van de 1 pagina's
In winkelwagenCIPS L5M1 Basic characteristics of an organizations - correct answer Structure Objectives People Fayols 5 functions of management - correct answer Planning Organising Commanding Co ordinating Controlling STEEPLE - correct answer Socio- cultural ,Technological, Economic, Ecological,...
CIPS L4M8Stage 13: Assets management/end of life - correct answer The procurement professional should evaluate whether the need is still current. If it is and unchanged, the procurement cycle process commences again but from a different stage as the need is already known and understood. If the need...
Voorbeeld 4 van de 41 pagina's
In winkelwagenCIPS L4M8Stage 13: Assets management/end of life - correct answer The procurement professional should evaluate whether the need is still current. If it is and unchanged, the procurement cycle process commences again but from a different stage as the need is already known and understood. If the need...
CIPS L4M8 LO2 what are the stages of ordering? - correct answer 1) user need 2) raise requisition 3) approved process 4) issue PO 5) receive goods/service 6) approve invoice what are the stages of sourcing? - correct answer 1) understand the need 2) develop strategy 3) raise requisition...
Voorbeeld 3 van de 19 pagina's
In winkelwagenCIPS L4M8 LO2 what are the stages of ordering? - correct answer 1) user need 2) raise requisition 3) approved process 4) issue PO 5) receive goods/service 6) approve invoice what are the stages of sourcing? - correct answer 1) understand the need 2) develop strategy 3) raise requisition...
CIPS L4M8 LO1 Name all stages of the Procurement Cycle? - correct answer 1) understand need and develop a high-level specification 2) market/commodity options including make vs buy assessment 3) develop strategy/plan 4) pre-procurement market tests and market engagement 5) development of requi...
Voorbeeld 3 van de 17 pagina's
In winkelwagenCIPS L4M8 LO1 Name all stages of the Procurement Cycle? - correct answer 1) understand need and develop a high-level specification 2) market/commodity options including make vs buy assessment 3) develop strategy/plan 4) pre-procurement market tests and market engagement 5) development of requi...
CIPS L4M7 Whole Life Asset ManagementCauses of Obsolescence - correct answer Technical Change Cultural Change Legislation 2D Barcode - correct answer Types of Stock - correct answer Opening Stock Raw Materials Secondary Components Work in Progress Finished Goods Safety/Buffer Stock ...
Voorbeeld 2 van de 6 pagina's
In winkelwagenCIPS L4M7 Whole Life Asset ManagementCauses of Obsolescence - correct answer Technical Change Cultural Change Legislation 2D Barcode - correct answer Types of Stock - correct answer Opening Stock Raw Materials Secondary Components Work in Progress Finished Goods Safety/Buffer Stock ...
CIPS L4M4 LO1 What is sourcing? - correct answer Sourcing is the location, acquisition and management of all the vital inputs required for an organization to operate. What is tactical/operational sourcing? - correct answer Low-level decision making High profit, low risk items Short-term proj...
Voorbeeld 2 van de 14 pagina's
In winkelwagenCIPS L4M4 LO1 What is sourcing? - correct answer Sourcing is the location, acquisition and management of all the vital inputs required for an organization to operate. What is tactical/operational sourcing? - correct answer Low-level decision making High profit, low risk items Short-term proj...
CIPS L4M2When should Competitive bidding not be used? - correct answer Where price cannot be establish with certainty Where price isn't the only variable Where there are significant set up costs involved Which 3 types of Whole Life Costing (WLC) models can be used in the planning stage? - co...
Voorbeeld 3 van de 27 pagina's
In winkelwagenCIPS L4M2When should Competitive bidding not be used? - correct answer Where price cannot be establish with certainty Where price isn't the only variable Where there are significant set up costs involved Which 3 types of Whole Life Costing (WLC) models can be used in the planning stage? - co...
CIPS L4M2Re-buy - correct answer It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - correct answer Review of existing contract requirements and making any necessary amendments such as to bu...
Voorbeeld 3 van de 19 pagina's
In winkelwagenCIPS L4M2Re-buy - correct answer It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - correct answer Review of existing contract requirements and making any necessary amendments such as to bu...
CIPS L4M2 LO1what is a business case? - correct answer a document that sets out the justification for undertaking a project on commercial grounds what is a straight re-buy? - correct answer the purchase of an item that was purchased last time there was a need rather than considering an alternat...
Voorbeeld 2 van de 13 pagina's
In winkelwagenCIPS L4M2 LO1what is a business case? - correct answer a document that sets out the justification for undertaking a project on commercial grounds what is a straight re-buy? - correct answer the purchase of an item that was purchased last time there was a need rather than considering an alternat...
CIPS L4M2 Exam Questions Question: 1 The position of a product in its life cycle can affect the price that suppliers set. Is this statement correct? - correct answer A. No, in market economy, the state decides the price of all goods and services B. Yes, each stage in product life cycle requires...
Voorbeeld 1 van de 2 pagina's
In winkelwagenCIPS L4M2 Exam Questions Question: 1 The position of a product in its life cycle can affect the price that suppliers set. Is this statement correct? - correct answer A. No, in market economy, the state decides the price of all goods and services B. Yes, each stage in product life cycle requires...
CIPS L4M2 Defining Business NeedFixed Cost (FC) - correct answer Costs that remain the same irrespective of business activity or volume Variable Cost (VC) - correct answer Costs that vary with the level of output Market Factors - correct answer Objectives Drivers Governance Ownership Co...
Voorbeeld 2 van de 10 pagina's
In winkelwagenCIPS L4M2 Defining Business NeedFixed Cost (FC) - correct answer Costs that remain the same irrespective of business activity or volume Variable Cost (VC) - correct answer Costs that vary with the level of output Market Factors - correct answer Objectives Drivers Governance Ownership Co...
CIPS L4M2 Defining Business Need Types of Purchases new buy, straight rebuy, modified rebuy Straight rebuy purchase Routine purchases of the same products under approximately the same terms of sale Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds...
Voorbeeld 4 van de 44 pagina's
In winkelwagenCIPS L4M2 Defining Business Need Types of Purchases new buy, straight rebuy, modified rebuy Straight rebuy purchase Routine purchases of the same products under approximately the same terms of sale Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds...
CIPS L4M2 3.3 Identify the risks that can result from inadequate specifications and mitigation approachesDescribe how a zero-based approach works. Method to identify how to simplify the parts structure in a range of products What impact does standardization have on unit costs? cost reduction ...
Voorbeeld 2 van de 7 pagina's
In winkelwagenCIPS L4M2 3.3 Identify the risks that can result from inadequate specifications and mitigation approachesDescribe how a zero-based approach works. Method to identify how to simplify the parts structure in a range of products What impact does standardization have on unit costs? cost reduction ...
CIPS L4M1Stakeholders - correct answer In any activity an organization undertakes, whether strategic, operational or tactical, the activity can only be successful with the input, commitment and support of its key stakeholders. Gaining and maintaining the support and commitment of stakeholders requi...
Voorbeeld 3 van de 30 pagina's
In winkelwagenCIPS L4M1Stakeholders - correct answer In any activity an organization undertakes, whether strategic, operational or tactical, the activity can only be successful with the input, commitment and support of its key stakeholders. Gaining and maintaining the support and commitment of stakeholders requi...
CIPS L4M1 Scope and Influence of Procurement and SupplyWhat 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 ...
Voorbeeld 4 van de 56 pagina's
In winkelwagenCIPS L4M1 Scope and Influence of Procurement and SupplyWhat 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 ...
CIPS L4M1 - Question & Answer Past exam questionsO1. Outline FIVE differences between purchasing goods and purchasing services. - correct answer 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in natu...
Voorbeeld 3 van de 16 pagina's
In winkelwagenCIPS L4M1 - Question & Answer Past exam questionsO1. Outline FIVE differences between purchasing goods and purchasing services. - correct answer 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in natu...
CIPS L4M1 - Key Phrasesartificial intelligence - correct answer Machines that display human-like intelligence Assets - correct answer resources owned by a business audit - correct answer A systematic inspection of a process or procedure to assess compliance with requirements or regulations ...
Voorbeeld 2 van de 13 pagina's
In winkelwagenCIPS L4M1 - Key Phrasesartificial intelligence - correct answer Machines that display human-like intelligence Assets - correct answer resources owned by a business audit - correct answer A systematic inspection of a process or procedure to assess compliance with requirements or regulations ...
Cips L4 M4Selection Criteria Examples - correct answer Quality assurance Environmental awareness + Sustainability Technical Capabilities System Capabilities Labor Standards Financial Capabilities Credit rating scores Selection criteria - correct answer The minimum requirements or standar...
Voorbeeld 2 van de 15 pagina's
In winkelwagenCips L4 M4Selection Criteria Examples - correct answer Quality assurance Environmental awareness + Sustainability Technical Capabilities System Capabilities Labor Standards Financial Capabilities Credit rating scores Selection criteria - correct answer The minimum requirements or standar...
CIPS L4 D5 - LO1 VALUE-ADDING SUPPLY CHAIN RELATIONSHIPS (C4 - TEXTBOOK)List the primary & secondary activities in Porter's Value Chain Model (1.3, Figure 4.1) - correct answer 'VC' Model depicts primary and secondary activities of an organization through which value is created: Support Activi...
Voorbeeld 2 van de 7 pagina's
In winkelwagenCIPS L4 D5 - LO1 VALUE-ADDING SUPPLY CHAIN RELATIONSHIPS (C4 - TEXTBOOK)List the primary & secondary activities in Porter's Value Chain Model (1.3, Figure 4.1) - correct answer 'VC' Model depicts primary and secondary activities of an organization through which value is created: Support Activi...
CIPS L3M2Brand - correct answer An organizations identity total cost approach - correct answer An approach that considers all the costs associated with procuring an item The 5 rights of Procurement - correct answer Quantity, quality, time, place, price Lifetime costing - correct answer ...
Voorbeeld 2 van de 5 pagina's
In winkelwagenCIPS L3M2Brand - correct answer An organizations identity total cost approach - correct answer An approach that considers all the costs associated with procuring an item The 5 rights of Procurement - correct answer Quantity, quality, time, place, price Lifetime costing - correct answer ...
CIPS L3M1Private incorporated companies are... - correct answer Seperate from their owners Private unincorporated companies have... - correct answer No legal distinction from their owners Sole trader - correct answer Those with exclusive ownership of a business Partnerships - correct an...
Voorbeeld 2 van de 10 pagina's
In winkelwagenCIPS L3M1Private incorporated companies are... - correct answer Seperate from their owners Private unincorporated companies have... - correct answer No legal distinction from their owners Sole trader - correct answer Those with exclusive ownership of a business Partnerships - correct an...
CIPS L1M1 Scope and Influence of Procurement and Supply P 2/4 Procurement cycle 1-7 1. Define needs 2. Market analysis/commodity 3. Create Strategy 4. Pre-procurement 5. Prepare documents 6. Select supplier 7. Issue Invite to tender or RFQ Procurement cycle 8-13 8. Bid tender/quote eva...
Voorbeeld 1 van de 2 pagina's
In winkelwagenCIPS L1M1 Scope and Influence of Procurement and Supply P 2/4 Procurement cycle 1-7 1. Define needs 2. Market analysis/commodity 3. Create Strategy 4. Pre-procurement 5. Prepare documents 6. Select supplier 7. Issue Invite to tender or RFQ Procurement cycle 8-13 8. Bid tender/quote eva...
CIPS D1 QuestionsQ1 (a) Define the term 'stakeholder' in relation to an organization. (5 marks) (b) Describe the interests of TWO internal stakeholders of the procurement function. (10 marks) (c) Describe how the TWO internal stakeholders, identified in part (b), might contribute to procuremen...
Voorbeeld 2 van de 10 pagina's
In winkelwagenCIPS D1 QuestionsQ1 (a) Define the term 'stakeholder' in relation to an organization. (5 marks) (b) Describe the interests of TWO internal stakeholders of the procurement function. (10 marks) (c) Describe how the TWO internal stakeholders, identified in part (b), might contribute to procuremen...
CIPS - Module sevenSummary Offences - correct answer Can only be heard and decided by a Magistrate in Magistrates' Court. Less serious than indictable offences, penalties not as great. Chapter 3 Criminal Procedure Act 2009 s 27 - may be heard and determined summarily. Summary Offences - cor...
Voorbeeld 1 van de 4 pagina's
In winkelwagenCIPS - Module sevenSummary Offences - correct answer Can only be heard and decided by a Magistrate in Magistrates' Court. Less serious than indictable offences, penalties not as great. Chapter 3 Criminal Procedure Act 2009 s 27 - may be heard and determined summarily. Summary Offences - cor...
CIPS - L4M3 Commercial Contracting - CHAPTER 1Difference between Estimate, Quote and Tender (1.1, p. 2) - correct answer Estimate = has no legal standing, simply a 'best guess' by the supplier. *NOT a firm offer*. should be avoided within a commercial contract Tender / Quotation = *both are firm...
Voorbeeld 3 van de 27 pagina's
In winkelwagenCIPS - L4M3 Commercial Contracting - CHAPTER 1Difference between Estimate, Quote and Tender (1.1, p. 2) - correct answer Estimate = has no legal standing, simply a 'best guess' by the supplier. *NOT a firm offer*. should be avoided within a commercial contract Tender / Quotation = *both are firm...
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper Sakayobako30. Stuvia faciliteert de betaling aan de verkoper.
Nee, je koopt alleen deze samenvatting voor $68.49. Je zit daarna nergens aan vast.
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 90307 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen
