Free CIPS L4M8 Exam Questions & Practice Tests | Page 2

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21. KPI should be written to match which area of an organization?

22. What Incoterm applies here?

23. Which sector most frequently uses invitation to tender?

24. What are the two types of damage clauses that can be created within a contract?

25. Think of a supply chain with which you are familiar and distinguish between the primary,...

26. Create a list of tangible, intangible, direct and indirect needs within an organization with which...

27. How can procurement professionals select suppliers?

28. Describe two negative factors associated with ordering excess inventory.

29. Research the ethical standard or accreditation of an industry with which you are familiar.

30. Describe three ways in which a buyer could or test the market in other to...

31. Explain why the behavior of an organization with which you are familiar could affect its...

32. What are the reasons that a contract can legally be terminated?

33. What is commissioning?

34. Which products or services should not be considered for outsourcing, according to Carter’s out-sourcing matrix

35. Describe three types of fraud that could occur within the supply chain of an organization...

36. What are the ILO and ETI?

37. What are advantages and disadvantages of the two types of specifications?

38. Explain three strategic decisions that could be made or enhanced by using the STEEPLE or...

39. What are the 3Ps in the triple bottom line.

40. Why is it important to keep ethical codes of practice up to date?

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Product: L4M8
Update on: May 22, 2026
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