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CIPS Exam L4M6 Topic 10 Question 43 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 43
Topic #: 10
[All L4M6 Questions]

When developing a supplier partnership, a buyer can take either a strategic or reactive approach. What would be a reason for a reactive approach?

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Suggested Answer: C

The correct answer is 'Sudden changes in the marketplace' -- this is a reason a buyer would be reactive. Reactive is when something happens to you and it forces you to act in a certain way. The other options would be strategic rather than reactive. P. 163


by Carey at Jul 05, 2024, 05:40 AM

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Luis
4 months ago
Sudden changes in the marketplace? That's like me trying to catch up with my kids. Gotta be quick on your feet!
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Rory
4 months ago
High profit margin? What, are we trying to squeeze the supplier dry? Nah, that's not the way to build a partnership.
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Danica
2 months ago
Yeah, sudden changes can force a reactive approach.
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Cristal
3 months ago
C) Sudden changes in the marketplace
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Beckie
3 months ago
A) You discover that the supplier has a high profit margin
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Chaya
3 months ago
Yeah, sudden changes can force a reactive approach.
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Melodie
3 months ago
C) Sudden changes in the marketplace
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In
3 months ago
A) You discover that the supplier has a high profit margin
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Terrilyn
3 months ago
C) Sudden changes in the marketplace
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William
4 months ago
A) You discover that the supplier has a high profit margin
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Santos
4 months ago
True, but sometimes unexpected changes require a more reactive approach to adapt quickly.
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Asuncion
4 months ago
But wouldn't a strategic approach also consider market changes and plan ahead?
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Emeline
4 months ago
Creating a new product? Definitely need that supplier input. Gotta go with option B.
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Nobuko
3 months ago
Discovering a supplier with a high profit margin could also lead to a reactive approach. Option A is something to consider.
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Dana
3 months ago
Consolidation in the supply chain can be a good reason for a reactive approach. Option D might be the best choice for that.
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Mauricio
3 months ago
Sometimes sudden changes in the marketplace can force a reactive approach. Option C could be necessary in those situations.
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Julio
4 months ago
I agree, getting input from the supplier is crucial for creating a new product. Option B is the way to go.
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Caprice
4 months ago
Hmm, I'm not so sure. Consolidation in the supply chain seems like a pretty strategic move to me.
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Nichelle
4 months ago
C) Sudden changes in the marketplace
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Nichelle
4 months ago
A) You discover that the supplier has a high profit margin
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Deane
4 months ago
That makes sense. Reacting to market changes quickly can be crucial for a buyer.
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Laurel
4 months ago
Sudden changes in the marketplace? That's gotta be it. Responsive and adaptive, that's the way to go.
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Albina
4 months ago
C) Sudden changes in the marketplace
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Ivette
4 months ago
A) You discover that the supplier has a high profit margin
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Santos
5 months ago
I think a reason for a reactive approach could be sudden changes in the marketplace.
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