Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIPS L4M6 Exam - Topic 3 Question 76 Discussion

In the Purchasing Portfolio Matrix, a leverage product is a product in a market where it is easy to switch suppliers and the quality is standardised. Is this TRUE or FALSE?
C) True, the product is in a supply market which is of low complexity and the product is of high importance
A) False, the product is in a supply market which is highly complex and the product is of low importance
B) False, the product is in a supply market which is highly complex and the product is of high importance
D) True, the product is in a supply market which is of low complexity and the product is of low importance

CIPS L4M6 Exam - Topic 3 Question 76 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 76
Topic #: 3
[All L4M6 Questions]

In the Purchasing Portfolio Matrix, a leverage product is a product in a market where it is easy to switch suppliers and the quality is standardised. Is this TRUE or FALSE?

Show Suggested Answer Hide Answer
Suggested Answer: C

Comprehensive and Detailed

Leverage products are characterized by:

High profit impact:They significantly affect the company's bottom line.

Low supply risk:They are available from multiple suppliers, making it easy to switch if necessary.

These products often have standardized quality, and the competitive supply market allows buyers to negotiate favorable terms.


CIPS L4M6 Study Guide

by Winifred at Apr 07, 2026, 02:58 AM

Limited Time Offer

25%

Off

Get Premium L4M6 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Coral
8 hours ago
It's true, leverage products are easy to switch.
upvoted 0 times
...
Dorcas
6 days ago
True, low complexity and low importance for leverage products!
upvoted 0 times
...
Rosio
11 days ago
I think it’s more complex than that, honestly.
upvoted 0 times
...
Alonso
16 days ago
Wait, is it really that simple? Sounds off.
upvoted 0 times
...
Vallie
2 months ago
Totally agree, it's all about standardization!
upvoted 0 times
...
Adell
2 months ago
Leverage products are indeed easy to switch suppliers.
upvoted 0 times
...
Ma
3 months ago
I thought leverage products were low importance, but I can't recall if that means they are also low complexity. This is tricky!
upvoted 0 times
...
Mickie
3 months ago
This question feels familiar; I practiced one that mentioned high importance in a complex market, so I think the answer is FALSE.
upvoted 0 times
...
Antonio
3 months ago
I remember something about switching suppliers being easy for leverage products, so I might lean towards TRUE, but I could be wrong.
upvoted 0 times
...
Edna
3 months ago
I think leverage products are actually in low complexity markets, but I'm not sure about the importance aspect.
upvoted 0 times
...

Save Cancel