Free CIPS A7 Exam Dumps and A7 Exam Questions

Question No: 1

MultipleChoice

Which of the following best describes 'total lead time'?

Options

AThe time elapsing from the placing of an order to the delivery of the order to the user

BThe time elapsing from the need of a product arising to the delivery of that product to the user

CThe time elapsing from the receipt of the purchase order by the supplier to the delivery of the product to the user

DThe time elapsing from the need arising to the payment of the supplier's invoice.

Question No: 2

MultipleChoice

When using the supply positioning model to determine purchasing strategies, which of the following descriptions is best applied to 'routine' items?

Options

AHigh expenditure purchases which carry a significant degree of risk for the purchasing organization

BPurchases undertaken in a market where there are a large number of suppliers and where the spend is relatively high

CLow expenditure purchases where the risk is also low and there are many suppliers

DLow expenditure purchases where the supply is limited and there is a significant degree of risk for the purchasing organization.

Question No: 3

MultipleChoice

Which of the following best describes a strategy of 'related diversification'?

Options

AMarketing an existing product in an existing market

BMarketing a new product in an existing market

CMarketing a new product in a new market

DMarketing an existing product in a new market.