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CIPS L4M6 Exam - Topic 2 Question 39 Discussion

Actual exam question for CIPS's L4M6 exam

Question #: 39
Topic #: 2

[All L4M6 Questions]

Which circumstances make a buyer more attractive to the supplier?

AWhere the brand profile is high

BWhen the buyer negotiates longer credit terms

CWhere the buyer exercises a stringent code of conduct

DWhen the buyer is very procedural in its systems

Show Suggested Answer

Suggested Answer: B, C

The correct answers are information sharing and trust. Further qualitative KPIs are listed on p.102. Deliveries in full and on time would be a quantitative KPI and early supplier involvement is not a KPI at all.

by Bernardine at May 10, 2024, 12:03 AM

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Daniel

9 months ago

Really? I doubt that buyers with strict codes are more appealing.

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Fausto

9 months ago

Procedural systems can slow things down, not sure that's attractive.

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Belen

10 months ago

A stringent code of conduct? Sounds a bit too strict for some buyers.

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Malissa

10 months ago

I think longer credit terms can be a game changer too.

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Trinidad

10 months ago

High brand profile definitely helps!

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Talia

10 months ago

I wonder if being procedural is really a plus for suppliers. It seems like it could slow things down, but maybe it also indicates stability?

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Dick

11 months ago

I feel like a stringent code of conduct might show reliability, but I can't recall if it was emphasized in our studies as a key factor.

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Christa

11 months ago

I remember a practice question about credit terms, and it seemed like longer terms could be beneficial for suppliers too.

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Virgie

11 months ago

I think a high brand profile makes a buyer more attractive, but I'm not entirely sure if that's the only factor.

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France

11 months ago

I'm feeling confident about this one. The options cover some common factors that suppliers value, like brand profile, credit terms, and procedural systems.

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Pearline

11 months ago

Okay, I think I've got this. The key is to identify the circumstances that would make a buyer more desirable from the supplier's perspective.

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Corrie

11 months ago

Hmm, I'm a bit unsure about this one. I'll need to review the key factors that suppliers look for in buyers to make the best choice.

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Ligia

11 months ago

This seems like a straightforward question about what makes a buyer more attractive to a supplier. I'll need to think through the options carefully.

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Cherilyn

11 months ago

I'm pretty sure it's Peer Motion, that's the data migration feature for StoreVirtual VSA that I remember from the training.

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Antonio

11 months ago

I think the filters and transformers can be used in the Playbook Tasks and Classification and Mapping sections, but I'm not totally sure about the other options.

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Marcos

11 months ago

I think the order starts from the most subjective feedback, like how attendees liked the program, and then moves to tangible outcomes. So maybe IV should be first?

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Thad

1 year ago

Let's be honest, the supplier just wants someone who's going to pay their bills on time. All that other stuff is just window dressing. Maybe they should add an option E: 'When the buyer has a fat wallet and a short attention span.'

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Myra

1 year ago

Having a fat wallet definitely helps in getting the supplier's attention.

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Mireya

1 year ago

True, suppliers just want to make sure they get their money.

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Dexter

1 year ago

Buyers who pay on time are definitely more attractive to suppliers.

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Jaime

1 year ago

Option D seems a bit excessive. I mean, how 'procedural' are we talking here? Does the buyer require the supplier to submit their purchase orders in triplicate, or do they want the supplier to come to work in a suit and tie?

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Earleen

1 year ago

Option C, of course! A stringent code of conduct shows the buyer is ethical and reliable. That's the kind of relationship any supplier would want.

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Freeman

1 year ago

I agree, suppliers value buyers who demonstrate ethical behavior and reliability.

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Paris

1 year ago

Absolutely, having a buyer with a strong code of conduct can lead to a more trustworthy partnership.

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Lauran

1 year ago

Option C, of course! A stringent code of conduct shows the buyer is ethical and reliable. That's the kind of relationship any supplier would want.

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Karma

1 year ago

Hmm, I'd say option A is the way to go. A high brand profile means the supplier can brag about their big-name buyer. Maybe they'll even get a discount at the company store.

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Magdalene

1 year ago

User 4: True, suppliers might be more willing to work with buyers who have a history of paying on time.

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Brigette

1 year ago

User 3: I think negotiating longer credit terms could also make a buyer more attractive. It shows financial stability.

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Lashon

1 year ago

User 2: Yeah, it shows that the buyer has a strong reputation and can potentially bring in more business for the supplier.

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Troy

1 year ago

User 1: I agree, having a high brand profile can definitely make a buyer more attractive to the supplier.

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Amber

1 year ago

Definitely option B! Longer credit terms mean more cash flow for the supplier. Who doesn't love that?

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Tyra

1 year ago

But what about negotiating longer credit terms? Wouldn't that also make a buyer more attractive?

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Kaycee

1 year ago

I agree with Shaunna, suppliers prefer buyers with a strong brand presence.

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Shaunna

1 year ago

I think a high brand profile makes a buyer more attractive.

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