CIPS L4M1 Quiz:1 Topic:1 Questions:1-5

Free Practice Mock Questions Set 1-5 (Quiz # 1) for CIPS L4M1 Exam, according to official CIPS Scope and Influence of Procurement and Supply exam syllabus topic # 1

Question: 1

Describe regulation that govern the Public Sectors and explain how this may impact upon procurement activities (25 marks).

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Question: 2

Explain the following terms: outsourced procurement, shared service unit (SSU) and consortium procurement. What are the advantages and disadvantages of each approach to procurement? (25 points)

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Question: 3

Explain what is meant by Corporate Governance and why having Corporate Governance structures is important. Discuss 2 obstacles which may impede an organisation achieving high levels of Corporate Governance. (25 points)

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Question: 4

Describe the CIPS Code of Conduct providing examples of how an organisation can ensure compliance with the standard (25 points)

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Question: 5

Explain 5 stages of the sourcing cycle that occur in the pre-contract stage (25 points)

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Quiz 1