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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. Explain with examples three differences between offers and invitation to treat.

2. Which Incoterm applies here?
The supplier is responsible for delivering the goods to a point alongside a water vessel (such as a dock or quay) as determined by the buyer at a named port. Once delivered, all risk is transferred to the buyer until the goods are transported and delivered to their name destination.

A) DAP - Delivered At Place
B) FAS - Free Alongside Ship
C) DAT - Delivered At Terminal
D) DDP - Delivery Duty Paid

3. What is commissioning?

4. Explain how a lack of understanding of a global supplier's culture and ethical behavior could cost buying organization money.

5. What matrix helps to define how to manage stakeholders?

Solutions: