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CIPS L4M5 Exam - Topic 1 Question 43 Discussion

Actual exam question for CIPS's L4M5 exam
Question #: 43
Topic #: 1
[All L4M5 Questions]

The trust is built based on the other party's professional qualifications or proven or certified technical capability or experience is known as...?

Show Suggested Answer Hide Answer
Suggested Answer: C, E

There are many macro economic factors that could influence procurement in general and commercial negotiation in particular. Below are six factors that are agreed to be fairly significant:

* Economy growth rate

* Inflation rates

* Interest rates

* Currency exchange rate

* Unemployment rate

* Protectionism

LO 2, AC 2.2


by Bernardine at Jul 05, 2023, 04:52 AM

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Blondell
3 months ago
Goodwill trust seems off, but I get why people might say that.
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Eura
3 months ago
I thought it was Contractual trust, but I see the point.
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Loreen
4 months ago
Wait, is that really a thing? Sounds kinda vague.
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Kaitlyn
4 months ago
Totally agree, it's all about proven skills!
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Teri
4 months ago
I think it's called Competence trust.
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Roosevelt
4 months ago
I’m leaning towards competence trust since it emphasizes proven capability, but I could be mixing it up with something else.
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Otis
4 months ago
Goodwill trust sounds familiar, but I can't recall if it specifically relates to professional qualifications.
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Mona
5 months ago
I remember practicing a question about types of trust, and I feel like "contractual trust" was mentioned there.
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Cassie
5 months ago
I think this might be related to the concept of competence trust, but I'm not entirely sure.
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Portia
5 months ago
Hmm, I'm not entirely sure about this one. The solution talks about "appointment sequence" and "time group limits", but I'm not totally clear on how that relates to the goal of customizing Fulfillment Preferences. I might need to do some more research on how Fulfillment Preferences work in Dynamics 365 Field Service.
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Fernanda
5 months ago
This question seems straightforward, I'm pretty confident I can identify the two correct characteristics of financial accounts.
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Ligia
5 months ago
I have a feeling Application 1 might lean towards the management category since it sounds like it could be administration-related, but I could be wrong.
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Elin
5 months ago
Hmm, I'm a bit confused by the details in this question. I'll need to think it through carefully to decide which scripting technique would be most suitable.
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Celestine
10 months ago
I dunno, I'm more of a 'contractual mistrust' kind of guy myself. Where's the fun in just trusting people?
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Macy
9 months ago
D) Competence trust
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Wendell
9 months ago
C) Irrevocable Trust
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Luz
9 months ago
B) Contractual trust
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Alishia
9 months ago
A) Goodwill trust
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Josefa
10 months ago
Definitely D) Competence trust. Although I'm more of a 'trust no one' kind of person, I guess this is the next best thing.
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Elly
8 months ago
Competence trust is definitely a key factor in establishing trust in any relationship.
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Maile
8 months ago
I think it's important to give people the benefit of the doubt until they prove otherwise.
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Della
8 months ago
It's true, having confidence in someone's abilities can make a big difference.
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Dortha
8 months ago
I agree, competence trust is essential in building trust in professional relationships.
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Derick
8 months ago
Competence trust is definitely a key factor in establishing trust in any relationship.
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Flo
9 months ago
I think it's important to give people the benefit of the doubt until they prove otherwise.
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Luis
9 months ago
It's true, having confidence in someone's abilities can make a big difference.
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Harrison
10 months ago
I agree, competence trust is essential in building trust.
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Tu
10 months ago
D) Competence trust, no doubt. I mean, who trusts someone just based on a fancy-sounding job title? Show me the skills!
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Rex
10 months ago
I was debating between A) Goodwill trust and D) Competence trust, but I think D) is the better fit here. Gotta love a good trust question!
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Carlton
10 months ago
Yeah, I think D) Competence trust is the right answer here too.
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Leandro
10 months ago
I agree, D) Competence trust makes more sense in this context.
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Garry
10 months ago
I'm not sure, but I think it's between A) Goodwill trust and D) Competence trust.
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Chanel
10 months ago
I agree with Merissa, competence trust makes sense in this context.
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Merissa
10 months ago
I think the answer is D) Competence trust.
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Leatha
10 months ago
Hmm, I think the answer is D) Competence trust. Makes sense - trust based on the other party's professional qualifications and expertise.
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Maybelle
11 months ago
I'm not sure, but I think it's between A) Goodwill trust and D) Competence trust.
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Vallie
11 months ago
I agree with Kirk, competence trust makes sense in this context.
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Kirk
11 months ago
I think the answer is D) Competence trust.
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