Get Jun-2024 Download Latest & Valid Questions For CIPS L3M3 exam [Q44-Q62]

Q44. If your organisation takes out insurance cover to address various risks, which one of the following risk management strategies is it adopting?

Q45. Which one of the following is not an ‘E’ from STEEPLE?

Q46. Revenue-earning possibilities which are foregone as a result of implementing a plan; the cost of not doing something else.

Q47. How many ‘Whys’?

Q48. A contract clause indicating damages to be recovered in the event of under-performance, with the proposed damages being a genuine pre-estimate of loss, is called a:

Q49. In legal circles, ownership of something is often called:

Q50. What gets measured, gets …’?

Q51. Where the buying organisation’s contract manager feels that a contractor has under-performed, which one of the following actions is normally not recommended?

Q52. In which year did the United Nations issue the Universal Declaration of Human Rights?

Q53. Win-win style negotiations are said to be:

Q54. Which STEEPLE factor deals with issues of waste management, pollution and recycling?

Q55. Which of the following statements is untrue? Select two.

Q56. What do we call it when a seller sets a low introductory price to win customers, or to discourage competitors owing to the low margins achievable in the marketplace? Choose one.

Q57. In which quadrant of a SWOT analysis would ‘well-developed management skills, unique intellec-tual property rights and sound financial backing’ appear?

Q58. Transfer of the rights and obligations of a contract onto a third party, is called:

Q59. Which of the following risks, which could severely impact on a business, is least likely to occur, in your judgment?

Q60. Conducting individual and group-based (focus groups) in-depth interviews.
Is this quantitative or qualitative data gathering?

Q61. Which one of the following is a trading bloc?

Q62. A justification of an action (expenditure) that is to be taken by an organisation.