CIPS L4M2 Defining Business Need (*NEW* 2023 Syllabus)
Diploma in Procurement and Supply
CIPS L4M2 Defining Business Need (*NEW* 2023 Syllabus) free download
Diploma in Procurement and Supply
The practice test was written by the Procurement Study Buddy and contains carefully crafted questions and answers based on the content of the study guide - these are not actual passed questions from real CIPS exams as these are no longer issued by CIPS and would be an infringement of copyright. It serves as a revision only and not intended to be an exact replica of the live exams but it will at least highlight which learning outcomes you are strong on and which ones you may need to revised more on. Who this course is for:
Learners who are taking the CIPS Exams for L4M2 Defining Business Need (2023 Syllabus).
Learners who wish to pass the CIPS Level 4 exams - Diploma in Procurement and Supply.
Learners who want to gain confidence in passing the exams by practicing the syllabus.
Anyone who wants to know more about procurement in general.
The development of a business case and the ability to analyse markets are key if an organisation is to successfully work with external suppliers. Similarly, the clear definition of specifications for through-life contracts is crucial to overall business achievement. This module is designed for those who are expected to analyse, interpret and evaluate information on the different types of markets utilised by procurement and supply. It explores a variety of elements that underpin the development of business cases and specifications, and considers the options that should be explored when procurement and supply personnel are involved in defining requirements.
On completion of this module, learners will be able to devise a business case for requirements to be externally sourced and will understand the role of market management and competitive forces as they specify goods and services in procurement and supply.
Thank you for taking this course with me.
Procurement Study Buddy
