Exam L4M4 Topic 1 Question 122 Discussion
Actual exam question for CIPS's L4M4 exam
Question #: 122
Topic #: 1
Question #: 122
Topic #: 1
Bob works in the procurement department of a construction firm. He has been asked to procure an item for a short-term project which is considered low risk. What type of sourcing will he be completing?
Suggested Answer: A Vote an answer
tactical is the correct answer; items that are short-term or low value are considered tactical.
Strategic sourcing is long term and high value.
Outsourcing is moving a key business function to an external company.
Insourcing is bringing a previously outsourced part of the company back in-house.
Strategic sourcing is long term and high value.
Outsourcing is moving a key business function to an external company.
Insourcing is bringing a previously outsourced part of the company back in-house.
by Karen at Oct 31, 2024, 06:20 PM
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