The CEO of a business has asked his procurement manager to source new machinery for...

Vendor: CIPS
Product: L4M6
Update on: Dec 16, 2025
Questions: 243

CIPS L4M6 Question Answer

The CEO of a business has asked his procurement manager to source new machinery for the factory. This machinery will help create a new line of products which will give the company a competitive edge. The CEO is heavily invested in this procurement activity as profits have been lower than expected this year and this new line of products could help increase profitability. How should the procurement manager include the CEO in the procurement activity?

It is important to keep the CEO informed of all decisions that are made

It is important to keep the CEO satisfied as he runs the business

The CEO is a key player- so it is important he is involved early in the process

The CEO is a key player- so should be given regular updates on progress