CIPS L4M5 Question Answer
Community Meal Partners (CMP) is a not-for-profit company that delivers cooked meals to older residents in their homes. CMP uses a fleet of bespoke vans with onboard ovens. In planning the future procurement of the fleet, CMP has conducted a review of the microeconomics of the van supply market and found that the vans are supplied by a monopoly supplier due to patented technology. Which of the following strategies could CMP utilise to optimise its bargaining position with the van supplier?
CIPS L4M5 Summary
- Vendor: CIPS
- Product: L4M5
- Update on: Oct 28, 2025
- Questions: 373

