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L5M4 Advanced Contract & Financial Management Questions and Answers

Questions 4

John is looking at the potential of three different projects and is considering the Return on Investment. What is meant by this, and what are the benefits and disadvantages of using this method? Which option should he choose? (25 marks)

L5M4 Question 4

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Questions 5

A local council is looking at ways it can fund a large construction project they are planning—the building of a new hospital. Discuss ways in which the council could fund the project, and the advantages and disadvantages of this (25 points)

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Questions 6

Outline three methods an organization could use to gain feedback from stakeholders (25 points)

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Questions 7

What is the difference between competitive and non-competitive sourcing? (12 marks)

In which circumstances may a non-competitive sourcing approach be more appropriate? (13 marks)

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Questions 8

Describe what is meant by ‘Supply Chain Integration’ (8 marks). How would a buyer go about implementing this approach and what benefits could be gained from it? (17 marks).

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Questions 9

How could an organisation approach conducting an Industry Analysis? Describe the areas which would be useful to analyse. (25 marks)

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Questions 10

XYZ Ltd is a retail organization that is conducting a competitive benchmarking project. What are the advantages and disadvantages of this? (25 points)

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Questions 11

What is a ‘Balanced Scorecard’? (15 marks). What would be the benefits of using one? (10 marks)

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Questions 12

XYZ Ltd is a manufacturing organisation who is looking to appoint a new supplier of raw materials. Describe 5 selection criteria they could use to find the best supplier. (25 marks)

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Exam Code: L5M4
Exam Name: Advanced Contract & Financial Management
Last Update: Apr 25, 2025
Questions: 43

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