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L4M2 Exam Dumps - Defining Business Needs

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Question # 49

Which of the following might be the consequences of under-specification? Select TWO that apply:

A.

Few suppliers can supply the full range of features

B.

Additional cost to rework

C.

Unfit products or services

D.

Poor competition between suppliers

E.

Higher cost due to inessential features

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Question # 50

CP Group places emphasis on the following business objectives:

    Responsive production processes to react quickly to market changes

    Collaboration and technological integration

    New products launched and on sale very quicklyWhich of the below business markets does CP Group belong to?

A.

Construction

B.

Financial

C.

Retail

D.

Agriculture

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Question # 51

A garment manufacturer supplies global retailers with t-shirts, shirts, and linen trousers. Because of currency fluctuations, the manufacturer is aware that they must control their direct costs in order to ensure profits. Which of the following is a direct cost for the garment manufacturer?

A.

Facilities rent

B.

Cotton fabric

C.

Utilities cost

D.

Office staff payroll

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Question # 52

Product development consists of various stages, including planning and analysis, design develop-ment, pre-production, production and maintenance. At which stages the opportunities for cost re-duction will be the greatest?

1. Planning stage

2. Pre-design stage

3. Detail design stage

4. Production stage

5. Logistics support stage

A.

2 and 3 only

B.

2 and 5 only

C.

1 and 2 only

D.

1 and 4 only

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Question # 53

A company is building a new two-storey office block and will need to purchase new desks and chairs. There will not be much space available. What should be included in the specification for these desks and chairs?

A.

Technical drawings

B.

A brand name

C.

A list of inputs

D.

Key performance indicators

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Question # 54

Aircraft Category Manager, Harpal Patel, is purchasing several aircraft engines. He is seeking to determine which category of specification will be most appropriate. He decides on using a conformance-based specification. A conformance-based specification is most appropriate in which one of the following instances?

A.

When technical dimensions are necessary for operational reasons

B.

When technology is changing rapidly in the market sector

C.

Where suppliers have greater relevant technical expertise than the buyer

D.

Where there are clear objective criteria for evaluating alternative solutions put forward by suppliers

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Question # 55

Raw materials used in the production of a saleable product are classed as ...

A.

Direct costs

B.

Indirect costs

C.

Overheads

D.

Fixed costs

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Question # 56

Which of the following agencies can produce a technical standard?

A.

House of Lords

B.

Marketing department

C.

BSI

D.

Department of State

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