Valid CIPS L3M4 Learning Materials & L3M4 Reliable Test Forum

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CIPS L3M4 Exam Syllabus Topics:

Topic	Details
Topic 1	Understand the challenges associated with, and methods to achieve organizational change: In this section, the CIPS L3M4 exam will test your grasp of organizational change. You will need to describe different types of organizational change, identify triggers for such changes, and explain how organizations typically respond. Additionally, you should be able to outline effective methods for implementing change.
Topic 2	Know how the individual can support overall organizational success in procurement and supply: In the CIPS L3M4 exam, aspiring procurement and supply professionals will need to demonstrate their understanding of how personal attributes contribute to organizational success in procurement and supply. This involves recognizing the roles of staff with devolved responsibilities, and highlighting the importance of effective liaison with internal customers and stakeholders.
Topic 3	Understand team dynamics and their influence on procurement and supply: For this CIPS Team Dynamics and Change exam topic, procurement and supply professionals will be assessed on their knowledge of how team dynamics affect procurement and supply processes. Candidates must describe the purpose and challenges of cross-functional teams, as well as the overall contribution and obstacles of team collaboration.

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CIPS Team Dynamics and Change Sample Questions (Q72-Q77):

NEW QUESTION # 72
'A person may exert power on the basis of their formal authority or status' Which of the French and Raven sources of power is being described here?

A. Legitimate
B. Reward
C. Referent
D. Expert

Answer: A

Explanation:
The Chief Executive has power because they are in the post of the Chief Executive.
The Head of Procurement has power because they carry that job title.
They may also have other sources of power such as expert power, or charisma, but the correct re-sponse to the question is 'legitimate'.
'Coercive' and 'informational' can also be sources of power not shown in the question.

NEW QUESTION # 73
The Mendelow matrix deals with:

A. Level of profit and market risk
B. Power and interest of stakeholders
C. Products and markets (new or established)
D. Market share and market growth

Answer: B

Explanation:
The matrix helps assess how different stakeholders should be managed, dependent on the extent of their power and interest.
The reference to products and markets is about Ansoff's work; market share and market growth is a reference to work by the Boston Consulting Group.

NEW QUESTION # 74
A Key Performance Indicator (KPI) states "Measure the effort exerted by the project team to control costs throughout the contract duration." Is this KPI appropriate for measuring the management of contract costs?

A. No, the project team is not responsible for managing costs
B. Yes, the KPI is achievable, relevant and time-bound
C. No, the metric is not sufficiently specific and measurable
D. Yes, increased efforts to control costs ensure that costs will be managed effectively

Answer: C

NEW QUESTION # 75
Continuous improvement - making small changes in operations and activities in a never-ending way - is called in Japanese:

A. Chozen
B. Paisan
C. Kaizen
D. Zazen

Answer: C

Explanation:
Kaizen - continuous improvement.
Small changes.
The other answers are essentially unrelated and facetious.

NEW QUESTION # 76
In the application of price adjustment formulae, which of the following would be acceptable for a supplier to increase its selling price?

A. Rising market expectations
B. Rising share prices
C. Rising incidence of defects
D. Rising fuel costs

Answer: D

NEW QUESTION # 77
......

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Valid CIPS L3M4 Learning Materials & L3M4 Reliable Test Forum

CIPS L3M4 Exam Syllabus Topics:

L3M4 Reliable Test Forum - L3M4 Latest Dumps Book

CIPS Team Dynamics and Change Sample Questions (Q72-Q77):

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