2024 CIPS L3M3 Exam Dumps Questions



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CIPS certification is a highly valuable and sought-after certification for IT professionals seeking to enhance their knowledge and expertise. L3M3 exam is specifically designed to validate the skills required to configure and maintain the CIPS Level 3 Advanced Certificate in Procurement and Supply Operations platform, which is widely used by businesses around the world. These L3M3 exam dumps questions are specifically designed to help you prepare for the exam by testing your knowledge and providing you with valuable insights into the types of questions that you will encounter. Test free CIPS L3M3 exam questions below.

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1. When both buyer and seller share cost information with each other (in both directions), in order to collaborate in cost reduction activities.

2. Win-win negotiation is not commonly described as a (choose the most appropriate):

3. Which of the following are internal factors in supplier decision-making? Choose two.

4. What is the name given to costs which do not vary as activity levels in a business increase or de-crease?

5. Which of the following statements is untrue? Select two.

6. ‘A purchasing procedure whereby potential suppliers are invited to make a firm and unequivocal offer of the price and terms on which they will supply specified goods or services which, on ac-ceptance, shall be the basis of the subsequent contract’

7. Win-win style negotiations are said to be:

8. Where the supplier guarantees to make good any losses suffered by the buyer as a result of product defects, for example

9. Contribution is equivalent to:

10. How many 'Whys'?



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