A procurement manager has noticed that profitability within a market has increased steadily over the...

Vendor: CIPS
Product: L4M2
Update on: Dec 16, 2025
Questions: 303

CIPS L4M2 Question Answer

A procurement manager has noticed that profitability within a market has increased steadily over the years. In addition, the market is relatively easy to enter, and demand within the market is predicted to remain high. Which of the following is likely to happen in this particular market as a direct consequence of these factors?

Buyers will switch to a different market

The market will attract new entrants

Suppliers will invest more heavily in technology

The regulator will intervene and establish pricing controls