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CIPS Exam L4M6 Topic 2 Question 45 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 45
Topic #: 2
[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 Merilyn at Jul 15, 2024, 12:46 AM

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Irma
5 months ago
Hmm, I'd say C as well. Gotta be quick on your feet when the world goes topsy-turvy. Although, I do wonder if the supplier's high profit margin in A could be a fun negotiating tactic. Shake things up a bit, you know?
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Shaniqua
4 months ago
C) Sudden changes in the marketplace
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Della
4 months ago
A) You discover that the supplier has a high profit margin
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Adela
5 months ago
Definitely C. When the market shifts, you gotta adapt fast. No time for long-term planning, you know? Just put out those fires, baby!
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Lorean
4 months ago
C) Sudden changes in the marketplace
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Vanna
4 months ago
B) The buyer wishes to create a new product and requires input from a supplier
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Rodrigo
4 months ago
A) You discover that the supplier has a high profit margin
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Truman
5 months ago
I agree. It's all about finding the right balance between strategic and reactive approaches.
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Theresia
5 months ago
True, but sometimes you need to react quickly to stay competitive.
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Mike
5 months ago
But wouldn't a strategic approach be better for long-term planning and stability?
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Truman
5 months ago
That makes sense. Reacting to market changes quickly can be crucial for success.
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Nada
5 months ago
Reactive approach? Sounds like a last-minute fire drill to me. I'd go with C - sudden changes in the marketplace. That's when you need to be nimble, not strategic.
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Izetta
4 months ago
It's definitely a challenge to stay ahead of those unexpected market shifts.
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Clorinda
4 months ago
Yeah, being reactive in those situations can sometimes be the only option.
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Annamae
4 months ago
I agree, sudden changes can really throw a wrench in your plans.
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Sheridan
4 months ago
It's definitely important to be able to pivot when things change unexpectedly.
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Brandon
4 months ago
Yeah, being reactive in those situations can help you adapt quickly to the new circumstances.
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Luis
4 months ago
I agree, sudden changes in the marketplace can really throw a wrench in your plans.
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Theresia
5 months ago
I think a reason for a reactive approach could be sudden changes in the marketplace.
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