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CIPS Procurement and Supply in Practice Exam Dumps

Last Updated : Nov 27, 2023

Total Questions : 104

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Last Updated : Nov 27, 2023
Total Questions : 104

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Total Questions : 104

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Following are some L4M8 Exam Questions for Review

Question 1

What is a cross function team?

AExplanation:
A cross-function Team is the involvement of all departments that are in an organization to contribute knowledge, skills and innovation towards adding value to achieving the organization's strategic goal. Example, procurement, maintenance, marketing, finance, human resources working together in procurement activity to come up with the best strategy or selecting the supplier that best suit the organization.
When working in a cross-functional team, members of the organization give support by believing in the end goal, assist during difficult time, help troubleshoot any issue, providing the required resources and sharing information

Question 2

What is a cross function team?

Question 3

Explain the concept of the 3Ps/TBL and how it can be used by an organization.

AExplanation:
Trying to measure how sustainable an organization was used to be challenging undertaking. How-ever, during the 1990s, a concept brought up by American John Elkington change the way sustainability was measured. This framework is known as the triple bottom line (TBL) and measures sustainability in relation to organizational performance and investment against the 3Ps (1) Profits (2) People (3) Planet. For example;
Profit: A packaging manufacturer reinventing its profits in a State- of-the-art recycling machinery for it wasted cardboard.
People: A large privately owned call center donate its end of life computers to a local youth clubs and social groups to help gain internet cases.
Planet: A driving instructors using only hybrid vehicles to teach her learners, thus to reducing Co2 emission.
The TBL, although a useful tool, is simply a way of recording how sustainable an organization is. Alone, it does not contribute towards any improvements or generate any actions promoting a more favorable, sustainable outlook. Objectives should be set in relation to what the 3Ps show and then monitored by implementing KPIs or other measuring methods.

Question 4

Explain the concept of the 3Ps/TBL and how it can be used by an organization.

Question 5

What are the 3Ps in the triple bottom line.

AExplanation:
Trying to measure how sustainable an organization was use to be challenging undertaking. However, during the 1990s, a concept brought up by American John Elkington change the way sustainability was measured. This framework is known as the triple bottom line (TBL) and measures sustainability in relation to organizational performance and investment against the 3Ps (1) Profits (2) People (3) Planet. For example;
Profit: A packaging manufacturer reinvesting its profits in State- of-the-art recycling machinery for it wasted cardboard.
People: A large privately owned call centre donate its end of life computers to a local youth clubs and social groups to help gain internet cases.
Planet: A driving instructors using only hybrid vehicles to teach her learners, thus to reducing Co2 emission.

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CIPS Procurement and Supply in Practice Exam Dumps

This Bundle Pack includes Following 3 Formats

L4M8 Desktop Practice Test Software

L4M8 Questions & Answers (PDF)

L4M8 Web Based Self Assessment Practice Test

Following are some L4M8 Exam Questions for Review

Unlock All Features of CIPS L4M8 Dumps Software

Latest Success Metrics For actual L4M8 Exam

L4M8 Desktop Practice
Test Software

L4M8 Questions & Answers
(PDF)