CIPS Level 4 Diploma in Procurement and Supply L4M5 Question # 273 Topic 28 Discussion

L4M5 Exam Topic 28 Question 273 Discussion:

Question #: 273

Topic #: 28

In what circumstances is the bargaining power of suppliers likely to be high, in relation to buyer power? Select the THREE that apply:

The number of suppliers is limited

The demand is not urgent

The product the buyer requires is undifferentiated

The volume required is low

The supplier has highly specialized machinery

The buying firm is large in comparison to the supplier

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Actual exam question for CIPS L4M5 exam by Onyx26838 at Oct 1, 2026, 12:00:16 AM

Chosen Answer: A B C D E F
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