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CIPS L4M2 Practice Test Questions Answers

Exam Code: L4M2 (Updated 144 Q&As with Explanation)
Exam Name: Defining Business Needs
Last Update: 14-May-2024
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Questions Include:

  • Single Choice: 119 Q&A's
  • Multiple Choice: 25 Q&A's

  • L4M2 Overview

    CIPS L4M2 Exam Overview 

    Feature Description
    Module Code L4M2
    Module Title Defining Business Needs
    Credit Value 6
    Assessment Type Objective Response (Multiple Choice)
    Exam Format Computer-based
    Exam Duration 1.5 hours
    Passing Score Not publicly available (generally around 60-70%)

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    CIPS L4M2 Exam Topics Breakdown

     

    Feature Description
    Question Type Objective Response (Multiple Choice)
    Number of Questions Not publicly available (likely multiple-choice questions)
    Content Coverage Focuses on knowledge and understanding of topics related to defining business needs in procurement and supply. This may include:
    * Identifying and understanding stakeholder needs
    * Specifying requirements
    * Sourcing strategies
    * Cost analysis
    * Supplier selection criteria

    CIPS L4M2 CIPS Level 4 Diploma in Procurement and Supply Practice Exam Questions and Answers

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    CIPS L4M2 Exam Dumps FAQs

    The CIPS L4M2 exam is a certification exam that tests the candidates knowledge of market management and competitive forces of goods and services in procurement and supply. It is part of the Level 4 Diploma in Procurement and Supply qualification.

    The CIPS L4M2 exam is ideal for professionals seeking to:

    1. Develop their skills in defining and documenting business needs.
    2. Build expertise in market analysis and supplier selection.
    3. Advance their procurement and supply chain careers.
    4. Earn a recognized CIPS qualification.

    The CIPS L4M2 exam covers the following topics:

    • Understanding the role of market management and competitive forces of goods and services in procurement and supply
    • Devising a business case for requirements to be sourced from external suppliers
    • Understanding the use of specifications in procurement and supply

    The CIPS L4M2 exam typically consists of 60 multiple-choice questions.

    The duration of the CIPS L4M2 exam is 120 minutes.

    The passing score for the CIPS L4M2 exam is 50%.

    Solution2Pass offers a comprehensive package to help you ace the L4M2 exam, including:

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