CIPS L4M2 Defining Business Needs Online Training
CIPS L4M2 Online Training
The questions for L4M2 were last updated at Jun 17,2025.
- Exam Code: L4M2
- Exam Name: Defining Business Needs
- Certification Provider: CIPS
- Latest update: Jun 17,2025
Thani Ltd is a fast growing logistics company with a fleet of 20 tractors. To meet Net Zero objective, the company needs to electrify its fleet. Angelica is assigned to investigate the market price of electrifying services. After the investigation, she realises that the current market price is very expensive and unsustainable for her company. She decides to break down the costs before negotiating with the suppliers.
Which internal stakeholders may help Angelica estimate the breakdown of costs? Select TWO that apply.
- A . Sales and Marketing department
- B . Engineering department
- C . Finance department
- D . Commercial agency
- E . Suppliers
Thani Ltd is a fast growing logistics company with a fleet of 20 tractors. To meet Net Zero objective, the company needs to electrify its fleet. Angelica is assigned to investigate the market price of electrifying services. After the investigation, she realises that the current market price is very expensive and unsustainable for her company. She decides to break down the costs before negotiating with the suppliers.
Which internal stakeholders may help Angelica estimate the breakdown of costs? Select TWO that apply.
- A . Sales and Marketing department
- B . Engineering department
- C . Finance department
- D . Commercial agency
- E . Suppliers
Thani Ltd is a fast growing logistics company with a fleet of 20 tractors. To meet Net Zero objective, the company needs to electrify its fleet. Angelica is assigned to investigate the market price of electrifying services. After the investigation, she realises that the current market price is very expensive and unsustainable for her company. She decides to break down the costs before negotiating with the suppliers.
Which internal stakeholders may help Angelica estimate the breakdown of costs? Select TWO that apply.
- A . Sales and Marketing department
- B . Engineering department
- C . Finance department
- D . Commercial agency
- E . Suppliers
Thani Ltd is a fast growing logistics company with a fleet of 20 tractors. To meet Net Zero objective, the company needs to electrify its fleet. Angelica is assigned to investigate the market price of electrifying services. After the investigation, she realises that the current market price is very expensive and unsustainable for her company. She decides to break down the costs before negotiating with the suppliers.
Which internal stakeholders may help Angelica estimate the breakdown of costs? Select TWO that apply.
- A . Sales and Marketing department
- B . Engineering department
- C . Finance department
- D . Commercial agency
- E . Suppliers
Thani Ltd is a fast growing logistics company with a fleet of 20 tractors. To meet Net Zero objective, the company needs to electrify its fleet. Angelica is assigned to investigate the market price of electrifying services. After the investigation, she realises that the current market price is very expensive and unsustainable for her company. She decides to break down the costs before negotiating with the suppliers.
Which internal stakeholders may help Angelica estimate the breakdown of costs? Select TWO that apply.
- A . Sales and Marketing department
- B . Engineering department
- C . Finance department
- D . Commercial agency
- E . Suppliers
The purchase is made in emergency
- A . 2 and 4 only
- B . 1 and 4 only
- C . 1 and 3 only
- D . 2 and 3 only
What does the acronym RAQSCI stand for?
- A . Relationship, Ability, Quality, Service, Cost, Innovation
- B . Regulatory, Availability, Quality, Service, Cost, Innovation
- C . Regulatory, Availability, Quantity, Sustainability, Inventory
- D . Regulatory, Ability, Quality, Service, Cost, Inventory
- E . Relationship, Availability, Quantity, Sustainability, Cost, Innovation
Which of the following standards specifies requirements for a quality management system?
- A . ISO 27001
- B . ISO 9001:2015
- C . ISO 22000:2018
- D . ISO 14001:2015
Housing Ltd is inviting a number of contractors to a tender for the construction of a commercial building. In the attachment to the invitation to tender, there is a document which describes the re-quired materials and installation methods. This document is known as…?
- A . Functional specification
- B . Prescriptive specification
- C . Drawings
- D . Performance specification
A purchaser is looking for alternative supplies if there is a major disruption to their supply chain, including logistics, manufacturing and all support services.
Which of the following method is that purchaser applying?
- A . Treat the risk
- B . Terminate the risk
- C . Tolerate the risk
- D . Transfer the risk
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