Become CIPS Certified with updated L4M2 exam questions and correct answers
A food manufacturer wants to predict the pricing point for a new and innovative health drink. Which method of market research would be beneficial to receive the most accurate information?
Datong is a defence and law enforcement equipment supplier. They are developing new product but largely concerns about the detailed specifications of components and the capability of supply market. Which of the following approach should Datong adopt in order to optimise the specification and shorten time to market?
CPO of Vestas, a wind turbine maker, devises a business case to win the key market in Latin America by developing market-specific strategies. To appeal senior management and directors, the CPO embeds the ways in which more outputs are generated with the same input and how to manage the potential hazards. Which of the following are elements that CPO uses to please the senior management and board of directors? Select TWO that apply.
What issue is a buyer most likely to experience if the technical specification sent to suppliers as part of a Request For Quotation (RFQ) is insufficient?
Babcock is preparing a through-life contract. They put to the contract provision of an electronic shared working environment for the exchange of technical information and spares supply and logistics information. Which part of through-life requirement does this provision belong to?
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