CIPS L4M2 Defining Business Needs Online Training
CIPS L4M2 Online Training
The questions for L4M2 were last updated at Apr 06,2025.
- Exam Code: L4M2
- Exam Name: Defining Business Needs
- Certification Provider: CIPS
- Latest update: Apr 06,2025
Which of the following is the new technology that has impact on manufacturing sector?
- A . Social Media
- B . E-commerce
- C . Robotics
- D . Blockchain
Sealines Inc is developing its fleet of cargo ships. The company is planning to build a new ship powered by natural gas. Brian, the procurement manager at Sealines, suggests the project team to develop a through-life specification before engaging with the supplier.
Is this a correct approach?
- A . Yes, decommissioning and disposal costs will not be accounted in this approach
- B . Yes, this approach will lower the total cost of ownership
- C . No, a ship is used only once, through-life management is unnecessary
- D . No, the company just needs to select the lowest bidder
Sealines Inc is developing its fleet of cargo ships. The company is planning to build a new ship powered by natural gas. Brian, the procurement manager at Sealines, suggests the project team to develop a through-life specification before engaging with the supplier.
Is this a correct approach?
- A . Yes, decommissioning and disposal costs will not be accounted in this approach
- B . Yes, this approach will lower the total cost of ownership
- C . No, a ship is used only once, through-life management is unnecessary
- D . No, the company just needs to select the lowest bidder
Sealines Inc is developing its fleet of cargo ships. The company is planning to build a new ship powered by natural gas. Brian, the procurement manager at Sealines, suggests the project team to develop a through-life specification before engaging with the supplier.
Is this a correct approach?
- A . Yes, decommissioning and disposal costs will not be accounted in this approach
- B . Yes, this approach will lower the total cost of ownership
- C . No, a ship is used only once, through-life management is unnecessary
- D . No, the company just needs to select the lowest bidder
Sealines Inc is developing its fleet of cargo ships. The company is planning to build a new ship powered by natural gas. Brian, the procurement manager at Sealines, suggests the project team to develop a through-life specification before engaging with the supplier.
Is this a correct approach?
- A . Yes, decommissioning and disposal costs will not be accounted in this approach
- B . Yes, this approach will lower the total cost of ownership
- C . No, a ship is used only once, through-life management is unnecessary
- D . No, the company just needs to select the lowest bidder
Sealines Inc is developing its fleet of cargo ships. The company is planning to build a new ship powered by natural gas. Brian, the procurement manager at Sealines, suggests the project team to develop a through-life specification before engaging with the supplier.
Is this a correct approach?
- A . Yes, decommissioning and disposal costs will not be accounted in this approach
- B . Yes, this approach will lower the total cost of ownership
- C . No, a ship is used only once, through-life management is unnecessary
- D . No, the company just needs to select the lowest bidder
Sealines Inc is developing its fleet of cargo ships. The company is planning to build a new ship powered by natural gas. Brian, the procurement manager at Sealines, suggests the project team to develop a through-life specification before engaging with the supplier.
Is this a correct approach?
- A . Yes, decommissioning and disposal costs will not be accounted in this approach
- B . Yes, this approach will lower the total cost of ownership
- C . No, a ship is used only once, through-life management is unnecessary
- D . No, the company just needs to select the lowest bidder
Sealines Inc is developing its fleet of cargo ships. The company is planning to build a new ship powered by natural gas. Brian, the procurement manager at Sealines, suggests the project team to develop a through-life specification before engaging with the supplier.
Is this a correct approach?
- A . Yes, decommissioning and disposal costs will not be accounted in this approach
- B . Yes, this approach will lower the total cost of ownership
- C . No, a ship is used only once, through-life management is unnecessary
- D . No, the company just needs to select the lowest bidder
Which of the following are typically reasons why an organisation implements value analysis? Select TWO that apply:
- A . To determine the value of each component used
- B . To decide whether there will be sufficient surplus funds to reinvest in the business
- C . To shape and manage supply market
- D . To provide an outline business case for the specification
- E . To find cost reduction opportunities by optimising the components used
Which type of specification is less time-consuming to develop?
- A . Outcome-based specification
- B . Design specification
- C . Conformance specification
- D . Technical drawings
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