Free CIPS L3M4 Practice Exam with Questions & Answers | Set: 5

CIPS believes that it is good practice for different staff members to be responsible for three key ac-tivities in procurement (specifying / requisitioning; sourcing / contracting; authorising payment), in order to reduce the likelihood of malpractice, and to do what is in the best interests of the organisa-tion. Select two of the following terms which this principle is known by.

The creation of the internet / world wide web is an illustration of what kind of turbulence within the environment?

Taiichi Ohno came up with the notion of the ‘wastes’. How many wastes?

People are inherently happy at work.

Workers seek responsibility.

Financial reward at work is welcome, but motivation, job satisfaction and recognition are equally A.

Drafting a specification is important because these documents become embedded within the contract and therefore, are legally binding. Is this statement true?