| Exam Code/Number: | L4M2Join the discussion |
| Exam Name: | Defining Business Needs |
| Certification: | CIPS |
| Question Number: | 306 |
| Publish Date: | Jul 23, 2026 |
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How can a procurement department meet the business needs when purchasing leverage items?
When analysing competitive forces in a market, which of the following can be seen as a supplier having low bargaining power? Select TWO that apply.
Which of the following roles are relevant to a 'services' market?
A data researcher
A warehouse manager
A marketing consultant
A logistics director
When procuring an IT equipment, at which stage the buyer's expectations are translated into a technical specification?
The procurement officer for Hunter Manufacturing has been tasked to procure a new manufacturing software management system. They have consulted all relevant internal stakeholders and have the following high-level requirements: flexibility throughout the project, and the supplier to recommend the best solutions for building the system. Which type of specification should be developed?
