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CIPS Level 4 Diploma in Procurement and Supply L4M5 Question # 18 Topic 2 Discussion

L4M5 Exam Topic 2 Question 18 Discussion:
Question #: 18
Topic #: 2

John Browne, a junior buyer for a corporation, is analysing the global supply market before undertaking negotiations and is wondering whether foreign exchange rates are important to factor into his research. Should John consider the foreign exchange rates?
A.

Yes, as they can affect profit and turnover

B.

No, exchange rates only apply to the national economy

C.

Yes, only if the organisation can handle foreign currencies in their accounts

D.

No, as they only affect the bank’s interest rates for loans

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Actual exam question for CIPS L4M5 exam by Arlo6154 at May 5, 2025, 12:00:11 AM

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