CIPS Exam A7 Topic 1 Question 14 Discussion

Actual exam question for CIPS's A7 exam

Question #: 14
Topic #: 1

When using the supplier positioning model to help determine purchasing strategies, which of the following best describes routine purchases?

ALow-expenditure purchases where supply is plentiful and there is little risk for the buying organization

BHigh-expenditure purchases which carry a significant degree of risk for the buying organization

CLow-expenditure purchases where supply is limited and there is some degree of risk for the buying organization

DHigh-expenditure purchases where there is a large number of suppliers in the marketplace.

Show Suggested Answer

Suggested Answer: A

by Tegan at May 07, 2022, 11:53 AM

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