Azram, a procurement analyst, has been tasked with applying whole life asset management when purchasing...

CIPS L4M2 Question Answer

Azram, a procurement analyst, has been tasked with applying whole life asset management when purchasing a piece of laboratory equipment. Was this the correct course of action?

Yes, because this focuses only on the price of the equipment

Yes, because this considers all associated costs

No, because this considers the costs of quality

No, because this covers various transactional costs

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CIPS L4M2 Summary

Vendor: CIPS
Product: L4M2
Update on: Dec 8, 2025
Questions: 303

Price: $52.5 ~~$149.99~~

Which of the following activities would apply to a straight rebuy procurement?

Which of the following is the technology that disrupts traditional retail?

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Azram, a procurement analyst, has been tasked with applying whole life asset management when purchasing...

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CIPS L4M2 Summary

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