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Scope and Influence of Procurement and Supply

  • Exam Number/Code : L4M1
  • Exam Name : Scope and Influence of Procurement and Supply
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
Which business analysis task in the requirements management and communication domain is best described as creating and maintaining relationships among business objectives, requirements, team deliverables, and solution components to support business analysis activities?
A. Document requirements for review.
B. Prepare the requirements package.
C. Communicate requirements.
D. Manage requirements traceability.
Answer: D
Explanation:
Explanation/Reference:
The question describes the task of managing requirements traceability.
B is incorrect. Preparing the requirements package is a task that selects and structures a set of
requirements to ensure that the requirements are effectively communicated to, understood by, and usable by a stakeholder group or groups.
A is incorrect. Communicating requirements is the process of discussing the requirements through
communication channels to ensure that the stakeholders understand the requirements.
D is incorrect. Documenting requirements for review is not a valid answer, as this is not a
business analysis task in the requirements management and communication knowledge area.

NEW QUESTION: 2
Price wars are most likely in a(n):
A. Fragmented industry.
B. Emerging industry.
C. Declining industry.
D. Mature industry.
Answer: C
Explanation:
Price wars are more likely in the decline phase. Rivalry is more intense when the product is viewed as a commodity, fixed costs and exit barriers are high, firms have strategic reasons for remaining and the resources to do so, and firms are relatively equally strong. In this environment, firms are tempted to take ill-advised competitive actions because of uncertainty about their positions.

NEW QUESTION: 3
Which of the following statements about Blue Prism and Web Services is correct?
A. Only Blue Prism Processes can be exposed as a Web Service
B. Neither Blue Prism Processes or Business Objects can be exposed as a web Service
C. Both Blue Prism Processes or Business Objects can be exposed as a Web Service
D. Only Blue Prism Business Objects can be exposed as a Web Service
Answer: C