CIPS LEVEL 3 MODULE 1 EXAM QUESTIONS AND
ANSWERS GRADED A+ 100% VERIFIED.
What does STEEPLED stand for? (External factors - macro
environment) ANS >>> Sociological, technological, economic,
environmental, political, legal, ethical, demographic
How many employees does a micro business have? ANS >>> Less
than 10
How many employees does a small business have? ANS >>> Less
than 50
How many employees does a medium business have? ANS >>>
250 or fewer
, What are the support activities of porter’s value chain model?
ANS >>> Firm infrastructure, human resource management,
technology development and procurement
What are the primary activities of porter’s value chain model?
ANS >>> Logistics, operations, marketing and sales and after sales
service
What is a BRD? ANS >>> Business requirements definition - it
answers the "what to buy" question and is based on the needs
analysis from operations
What does RAQSCI stand for? (a model for identifying business
requirements) ANS >>> Regulatory, assurance of supply, quality,
service, cost and innovation
What are the two types of field research? ANS >>> Quantitative
research (statistical information) and qualitative research
(people’s opinions)
What are the 4 categories of the Kraljic matrix? ANS >>> Critical,
strategic, tactical and leverage
ANSWERS GRADED A+ 100% VERIFIED.
What does STEEPLED stand for? (External factors - macro
environment) ANS >>> Sociological, technological, economic,
environmental, political, legal, ethical, demographic
How many employees does a micro business have? ANS >>> Less
than 10
How many employees does a small business have? ANS >>> Less
than 50
How many employees does a medium business have? ANS >>>
250 or fewer
, What are the support activities of porter’s value chain model?
ANS >>> Firm infrastructure, human resource management,
technology development and procurement
What are the primary activities of porter’s value chain model?
ANS >>> Logistics, operations, marketing and sales and after sales
service
What is a BRD? ANS >>> Business requirements definition - it
answers the "what to buy" question and is based on the needs
analysis from operations
What does RAQSCI stand for? (a model for identifying business
requirements) ANS >>> Regulatory, assurance of supply, quality,
service, cost and innovation
What are the two types of field research? ANS >>> Quantitative
research (statistical information) and qualitative research
(people’s opinions)
What are the 4 categories of the Kraljic matrix? ANS >>> Critical,
strategic, tactical and leverage
