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CIPS L3M3 Dumps Questions Answers

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Contract Administration

Last Update Jan 18, 2025
Total Questions : 90 With Comprehensive Analysis

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Last Update Jan 18, 2025
Total Questions : 90 With Comprehensive Analysis

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All CIPS Level 3 Advanced Certificate in Procurement and Supply Operations Related Certification Exams


L3M1 Total Questions : 90 Updated : Jan 18, 2025
L3M2 Total Questions : 90 Updated : Jan 18, 2025
L3M4 Total Questions : 150 Updated : Jan 18, 2025
L3M5 Total Questions : 90 Updated : Jan 18, 2025
L3M6 Total Questions : 0 Updated : Jan 18, 2025

Contract Administration Questions and Answers

Questions 1

In which quadrant of a SWOT analysis would ‘well-developed management skills, unique intellec-tual property rights and sound financial backing’ appear?

Options:

A.

T

B.

W

C.

S

D.

O

Questions 2

Which one of the following is least likely to be a barrier to free trade?

Options:

A.

Exchange controls

B.

Subsidies for exporters and internal producers of products

C.

Trading blocs

D.

Embargoes

Questions 3

The expression ‘consideration’ means:

Options:

A.

Being over 18 and being of sound mind

B.

Some form of valuable exchange

C.

Being nice to people, in the expectation that they in turn will be nice

D.

Taking time to think about the gravity of the contract you may be about to be entering into

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