Practice CIPS L4M4 Exam Questions

Which of the following should be considered when calculating ratios relating to a supplier's liquidity?

A buyer in the public sector has put an advert out asking for interested suppliers to express an interest in a potential tender activity to provide a facilities management contract to a hospital trust. The suppliers who have met that criteria are then sent a document detailing how they should submit their tender, how to price the opportunity, asks Question:s relating to how they will deliver the service and gives a deadline for bids to be submitted. Which document have the suppliers ben sent?

Which of the following would you expect to find in an Invitation to Tender? Select THREE

Luke has sent out a Request for Information to test the waters of the supply market for a new product he is sourcing. He has received a high number of detailed documents back from suppliers. Which of the following is Luke now likely to know about the marketplace? Select THREE

Achieving the 'five rights of procurement' is one of the key objectives of procurement managers. Which of the following are not considered one of the 5 rights? Select TWO.