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 09, 2025

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Question 1

Joan is a Category Manager at a packaging plant in Birmingham, UK. Her company creates and supplies different forms of packaging to manufacturers in the food and retail sectors. She is creating a Profile of the Category she manages in order to identify the spend category. By obtaining data on her Category, which of the following will Joan be able to do?

A : Find alternative suppliers

B : Prepare projections and budgets for the future

C : Competitive Supplier Selection

D : Benchmarking

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

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

Question 4

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 5

Which of the following will you put into box 4?

A : Threat of New Entrants - Low

B : Threat of Substitutes - Low

C : Bargaining Power of Buyer- Low

D : Competitive Rivalry- High

Answer: B

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Total 122 Questions | Updated On: Apr 09, 2025

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