Free Practice CIPS L5M6 Exam Questions 2025

Stay ahead with 100% Free CORE Level 5 Advanced Contract & Financial Management L5M6 Dumps Practice Questions

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Total 122 Questions | Updated On: Apr 21, 2025

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Question 1

According to studies completed by Reeves, Moose and Venema in 2014, which of the following was proven to be true with regards to the BCG matrix?

A : companies nowadays have more 'cash cow' items than in the past

B : products move through the four quadrants faster nowadays than in the past

C : there is a higher correlation between share leaders and profit leaders nowadays than in the past

D : there is a longer time between innovation and adoption nowadays than in the past

Answer: B

Question 2

On the BCG Matrix, what is a cash cow?

A : high market share, high market growth

B : high market share, low growth

C : low market share, low growth

D : low market share, high growth

Answer: B

Question 3

According to Porter's 5 Forces, supplier power is strong in industries where which of the following is true? Select THREE

A : no substitutes are available

B : supplier's customers are fragmented

C : switching costs are low

D : forward integration is possible

E : the product is undifferentiated

Answer: A,B,D

Question 4

Which of the following are potential consequences for an organisation which fails to identify and address risk? Select TWO

A : lawsuits

B : corruption

C : damage to brand image

D : financial loss

Answer: C,D

Question 5

CEB Research states that there are 6 competencies which drive strategic performance in Procurement. The ability to stay calm under pressure and handle criticism is which of the following competencies?

A : influencer

B : adaptor

C : innovator

D : results seeker

Answer: B

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Total 122 Questions | Updated On: Apr 21, 2025

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