L4M2 Defining Business Need

L4M2 Defining Business Need, available at $19.99, has an average rating of 5, 2 quizzes, based on 2 reviews, and has 9 subscribers.

You will learn about types of costs sources of information pricing methods porter's value chain model The use of specifications in procurement This course is ideal for individuals who are CIPS learners or Bussiness studies learners or Entrepreneurs or Procurement and supplies officers It is particularly useful for CIPS learners or Bussiness studies learners or Entrepreneurs or Procurement and supplies officers.

Enroll now: L4M2 Defining Business Need

Summary

Title: L4M2 Defining Business Need

Price: $19.99

Average Rating: 5

Number of Quizzes: 2

Number of Published Quizzes: 2

Number of Curriculum Items: 2

Number of Published Curriculum Objects: 2

Number of Practice Tests: 2

Number of Published Practice Tests: 2

Original Price: $19.99

Quality Status: approved

Status: Live

What You Will Learn

types of costs
sources of information
pricing methods
porter's value chain model
The use of specifications in procurement

Who Should Attend

CIPS learners
Bussiness studies learners
Entrepreneurs
Procurement and supplies officers

Target Audiences

CIPS learners
Bussiness studies learners
Entrepreneurs
Procurement and supplies officers

This course consists of two practice tests. The practice tests have been specifically designed help candidates whose aims are to pass CIPS modules with ease. Candidates will test their knowledge and understanding of the module and use the results to improve in areas found to be lacking. The practice tests have been designed in a similar manner to the actual CIPS level 4 examinations. The instructor put more emphasis on areas of the module which frequently appear on CIPS exams.

#CIPS level 4 Diploma

#Understanding Business Need

#Analyse how business needs influence procurement decisions

#Analyse the criteria that can be used that can be applied in the creation of a business case

#Understand market management in procurement and supply

#Interpret financial budgets for the control of purchases

#Types of Purchase: straight re-buy, modified re-buy, new purchase

#Understand the use of Specifications in procurement and supply. identify risks that can result from inadequate specifications and mitigation approaches

# ISO Standards

#Porters generic strategies

#Types of cost: fixed cost vs variable costs, direct costs vs indirect costs

#Pricing arrangements: fixed pricing, cost reimbursable pricing

#Sources of data about prices and costs

#Developing a business case

#Classification of industries

#Compare the competitive forces that influence the markets: bargaining power of buyers and suppliers, availability of substitutes and threat of new entrants

Course Curriculum

Instructors

Bonolo Makheba
corporate manager

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5 stars: 2 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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