Online Access Free CIPS.L3M4.v2025-01-03.q59 Practice Test (Page 9)

L3M4 Exam Question 36

The creation of the internet / world wide web is an illustration of what kind of turbulence within the environment?

A.Technological

B.Market

C.Competitive

L3M4 Exam Question 37

As a result of a global pandemic, a local hospital is facing significant patient capacity pressures and would like the construction of a new 50-bed ward to be prioritised and fully operational at the earliest opportunity.
Which of the following pricing arrangements would support this aspiration?

A.Incentivised contract pricing

B.Penetration contract pricing

C.Fixed price economic adjustment pricing

D.Time and materials arrangement pricing

L3M4 Exam Question 38

A school has a contract for the supply of fruit for break time. The school needs the fruit delivered by 10 am every morning to be served at 10:30 am. How would this best be covered in a commercial agreement?

A.Contractual term

B.Sales of Goods Act 1974

C.Pricing schedule

D.Note on each purchase order

L3M4 Exam Question 39

'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.Reward

B.Referent

C.Legitimate

D.Expert

L3M4 Exam Question 40

The Mendelow matrix deals with:

A.Level of profit and market risk

B.Market share and market growth

C.Products and markets (new or established)

D.Power and interest of stakeholders

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L3M4 Exam Question 36

L3M4 Exam Question 37

L3M4 Exam Question 38

L3M4 Exam Question 39

L3M4 Exam Question 40

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