To improve the productivity, Plantation Ltd is planning to purchase a tractor, which it has...

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

CIPS L4M2 Question Answer

To improve the productivity, Plantation Ltd is planning to purchase a tractor, which it has never bought before. The project must be quick to catch up with the next growing season. Leanne, a jun-ior procurement staff at the company, assumes that she could skip market analysis stage to save time. Is this assumption reasonable?

No, the company assesses supplier's performance solely based on market analysis

Yes, Leanne just needs to purchase the tractor from her friend's company

No, market analysis will inform the company of the pricing as well as latest technology trends

Yes, the company has extensive experience in purchasing tractor