| Exam Code/Number: | L4M2Join the discussion |
| Exam Name: | Defining Business Needs |
| Certification: | CIPS |
| Question Number: | 320 |
| Publish Date: | Sep 06, 2026 |
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Rating
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Which of the following are advantages of zero-based financial budgeting?
Use of previous year figures
Emphasis on short-term planning
Budget treated as flexible
Focus on operational issues
What will be the result of retaliation between business rivals in an industry?
As the lead procurement manager, you are asked to compile a business case for a large project. Which should be included?
Costs and risks
List of large suppliers
Business benefits
Informal recommendation
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?
When procuring a machinery, at which stage buyer must check whether it is working to the stand-ards set out in the design specification?
