L2 Stakeholders Relationships

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CIPS Level 2 – Certificate in Procurement and

Supply Operations
Module 3 – Stakeholders Relationships

SAMPLE EXAM QUESTIONS


OBJECTIVE RESPONSE QUESTIONS AND ANSWERS

The correct answer will be identified as [key]

Leading global excellence in procurement and supply


L2M3 Sample Exam Questions Sep 2018
Q1. Which of the following is a correct definition of ‘stakeholders’ in procurement and supply?

a. Short and long term suppliers together with any suppliers that they might have
b. Individuals, groups or organisations affected by the procurement decisions that are made[key]
c. Shareholders, and all parts of an organisation that contribute to or benefit from a purchase
d. The whole supply chain for a product or service including suppliers and customers

LO: 1

AC: 1.3

Q2. Which of the following internal stakeholder groups is involved when high capital equipment is
required?

a. Production, marketing and sales


b. Administration, managing director
c. Local community, finance, marketing
d. Finance, production, senior management, design and production[key]

LO: 1

AC: 1.2

Q3. Drag and drop the correct option into the blank space.

is a market dominated by a few large competing suppliers.

Oligopoly [key], Monopoly, Duopoly, Oligopsony

LO: 2

AC: 2.3

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L2M3 Exam Exemplar Questions Sep 2018
Q4. The cross over point on the demand and supply curve where supply equals demand is known as …

a. interference price
b. equilibrium price[key]
c. fair price
d. firm price

LO: 2

AC: 2.2

Q5. The primary sector of the economy includes …

a. forestry, mining and manufacturing


b. training, consultancy and operations
c. extractive industries and mechanics
d. forestry, mining and agriculture[key]

LO: 2

AC: 2.1

Q6. Drag and drop the correct option into the blank space.

is a negotiation conflict handling style described as “the use of bargaining with each party
trading concessions and gains”.

Compromising [key], Determining, Accommodating, Synchronising

LO: 3

AC: 3.1

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L2M3 Exam Exemplar Questions Sep 2018
Q7. Group cohesiveness is a key method to achieve …

a. effective team working[key]


b. supplier control
c. on time supply
d. quality

LO: 3

AC: 3.4

Q8. Giving a contract to a business which has a family connection to the purchaser would result in …

a. achieving stakeholder buy-in


b. a conflict of interests[key]
c. a quick negotiation
d. a long term agreement

LO: 4

AC: 4.2

Q9. Drag and drop the correct option into the blank space.

may result in conflict between stakeholders in procurement and supply.

Poor Communication [Key], Timely Communication, Clear Direction, Cross Functional Working

LO: 4

AC: 4.2

Q10. Customers and suppliers represent which of the following in the supply chain …

a. internal stakeholders
b. external stakeholders[key]
c. shareholders
d. consumers

LO: 1

AC: 1.1

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L2M3 Exam Exemplar Questions Sep 2018

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