Free L4M6 Exam Braindumps (page: 7)

Page 7 of 31

Richie has come up with a new idea for sourcing items for the business but feels that it will have mixed reviews within the team. He thinks that some people will be in favour of the idea, and some will be against it. He doesn't think the CEO will have a strong opinion either way. In order to decide whether to put a business case together and present his idea to the CEO- what should Richie do?

  1. Cost Analysis
  2. Make vs Buy Analysis
  3. Force Field Analysis
  4. Value Engineering Analysis

Answer(s): C

Explanation:

Richie should do a Force Field Analysis ­ this is explained on p.86 and is an idea of Kurt Lewin ­ it identifies the driving forces for a project and the restraining forces (basically who will be for it and who will be against it). The textbook doesn't go into much detail on this but there are questions on it in the exam- so have a quick google to familiarise yourself with Kurt Lewin's Force Field Analysis.



Which of the following are not stages of team development? Select TWO.

  1. Forming
  2. Mourning
  3. Achieving
  4. Adjourning
  5. Accepting

Answer(s): C,E

Explanation:

This question is very, very similar to a real exam Question: and is a really mean one. The CIPS study guide describes stages of team development as forming, storming, norming and performing. Of those listed in the book only forming is listed above.
What the textbook fails to tell you is that some people add on two additional stages to this model which are mourning and adjourning. I strongly recommend doing some further reading on this (it's called the Tuckman Group Development Model) as it comes up a lot in the exam and the study guide doesn't really go into enough detail.



Cigarettes and alcohol are often described as having an `inelastic price'.
What does this mean?

  1. Changes in price will greatly affect how much of the item is bought
  2. Changes in price will not affect how much of the item is bought
  3. The product is subject to high rates of tax
  4. The product is subject to age restrictions

Answer(s): B

Explanation:

A product with an `inelastic price' means that consumption doesn't really depend on how much it costs. So you could increase the price of alcohol and cigarettes and people would tend to still buy them. A product with an elastic price means that a change in price would have a large affect on the number of people who bought the item. See p.95 for more details on price elasticity.



What is a disadvantage of including qualitative KPIs into a contract?

  1. They can lead to poor supplier performance
  2. They pull focus from the more important quantitative KPIs
  3. They are hard to measure
  4. They make the buyer seem weak

Answer(s): C

Explanation:

The correct answer is `They are hard to measure' p.103



Page 7 of 31



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Marial Manyang commented on July 26, 2023
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