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L3M4 Mock Exam - L3M4 Free Pdf Guide
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CIPS L3M4 Exam Syllabus Topics:
Topic
Details
Topic 1
- Know how the individual can support overall organizational success in procurement and supply: In the CIPS L3M4 exam, aspiring procurement and supply professionals will need to demonstrate their understanding of how personal attributes contribute to organizational success in procurement and supply. This involves recognizing the roles of staff with devolved responsibilities, and highlighting the importance of effective liaison with internal customers and stakeholders.
Topic 2
- Understand the challenges associated with, and methods to achieve organizational change: In this section, the CIPS L3M4 Exam will test your grasp of organizational change. You will need to describe different types of organizational change, identify triggers for such changes, and explain how organizations typically respond. Additionally, you should be able to outline effective methods for implementing change.
Topic 3
- Understand team dynamics and their influence on procurement and supply: For this CIPS Team Dynamics and Change exam topic, procurement and supply professionals will be assessed on their knowledge of how team dynamics affect procurement and supply processes. Candidates must describe the purpose and challenges of cross-functional teams, as well as the overall contribution and obstacles of team collaboration.
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CIPS Team Dynamics and Change Sample Questions (Q94-Q99):
NEW QUESTION # 94
Fabrizio created a contract for his supplier which included various contract terms. One term that Fabrizio included stated that "as agreed the price of each pencil is $1.00." Which of the following options describes this term?
- A. An express term
- B. An incoterm
- C. A variable term
- D. An implied term
Answer: A
NEW QUESTION # 95
According to CIPS, procurement and supply management for CIPS members is a(n) (choose best fit):
- A. Skill
- B. Harmless activity
- C. Profession
- D. Academic subject
Answer: C
Explanation:
CIPS regards procurement as a profession, and encourages members to describe it in that way.
Procurement should be regarded as a profession in the same way that lawyers and accountants are regarded as professionals.
NEW QUESTION # 96
'Positivity' is about (choose one):
- A. A tendency to develop theories
- B. Knowledge of electronics
- C. A 'can do' attitude
- D. Adopting a particular viewpoint
Answer: C
Explanation:
This is a reference to the idea that by thinking positively, one can achieve more - by having a 'can do' attitude.
The other answers are puns on the word 'positivity'. More or less.
NEW QUESTION # 97
Drafting a specification is important because these documents become embedded within the contract and therefore, are legally binding. Is this statement true?
- A. No, as the specification is separate to the contract and has no legal standing
- B. No, because legally binding contracts only contain terms and conditions
- C. Yes, because all specifications must be approved by the organisation's board according to legislation
- D. Yes, care needs to be taken because the specification should be part of the contract
Answer: D
NEW QUESTION # 98
Express terms are terms stated in the contract between the parties. Which of the following are commonly-used express terms?
- A. Time of performance, payment terms, and passing of title
- B. Time of performance, passing of title, and terms based on trade custom
- C. Terms found in the Unfair Contract Terms Act 1977, payment terms, and passing of title
- D. Force Majeure, terms found in the Sale of Goods Act 1979, and payment terms
Answer: A
NEW QUESTION # 99
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