CIPS Exam L4M2 Topic 2 Question 34 Discussion

Actual exam question for CIPS's L4M2 exam

Question #: 34
Topic #: 2

[All L4M2 Questions]

Which of the following activities would apply to a straight rebuy procurement?

Reviewing existing specifications and arrangements

Engaging in extensive purchasing research

Engaging in proactive value engineering

Optimising inventory replenishment methods

A1 and 4 only

B2 and 3 only

C1 and 3 only

D2 and 4 only

Show Suggested Answer

Suggested Answer: A

In the scenario, ABC Ltd has the following characteristics:

- Large investment in facilities and machinery

- Access to skilled workforce

- Mass production.

This company is a manufacturer. Manufacturing is an industry that makes products from raw ma-terials by the use of manual labour or machinery and that is usually carried out systematically with a division of labour.

Manufacturing requires investment in machinery and access to a suitably skilled workforce as well as materials and components.

- CIPS study guide page 74-76

- manufacturing | Definition, Types, & Facts | Britannica

LO 2, AC 2.1

by Pansy at May 13, 2024, 02:06 PM

Limited Time Offer

25%

Off

Get Premium L4M2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Sherell

8 hours ago

I agree with Elke. Reviewing existing specifications and optimizing inventory replenishment methods make sense for a straight rebuy procurement.

upvoted 0 times

...

Elke

3 days ago

I think the answer is A) 1 and 4 only.

upvoted 0 times

...