CIPS CODE: A6 Exam Name: Analysing the Supply Market
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Question: 1 International Advanced Award Certificate in Purchasing and Supply Analyzing the Supply Market Unit A6 DURATION: 3 hours Instructions for Candidates: This examination is in THREE sections. Section A Has TEN compulsory multiple-choice questions, worth 2 marks each. Section B Has SIX compulsory short-answer questions, worth 5 marks each. Section C Has THREE compulsory longer-answer questions. Questions 17 and 18 are worth 15 marks each. Question 19 is worth 20 marks.
Question: 2 SECTION A Questions 1-10 are multiple choice questions. For each question, select ONE correct answer from A to D and write it in your answer booklet. You are advised to spend approximately 30 minutes on this section.
Question: 3 Q1 In economic theory, which of the following statements best describes what is available and what is wanted? (2 marks) A. Time and motion B. Supply and demand C. Research and development D. Input and output
Answer: B
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Q2 Which of the following relationships best describes a small change in demand as a result of a large change in price? (2 marks) A. Inelastic B. Explicit C. Implicit D. Elastic
Answer: A
Question: 5 Q3 Which of the following best describes the pricing policy known as 'promotional pricing'? (2 marks) A. A high price aimed at quick recovery of costs B. A price in line with that being charged by competitors C. A temporary price reduction to increase sales in the short term D. A low price set to gain a large share of the market.
Answer: C
Question: 6 Q4 Which of the following is the most likely consequence of government decreasing interest rates? (2 marks) A. People spend more B. People spend less C. The economy slows down D. The cost of borrowing goes up
Answer: A
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Q5 Which of the following best defines the economic term 'budget surplus'? (2 marks) A. Government expenditure equaling government revenue B. Government revenues creating government expenditure C. Government expenditure exceeding government revenue D. Government revenue exceeding government expenditure
Answer: D
Question: 8 Q6 Which of the following best describes the '4Ps' of marketing (2 marks) A. Promotion, Performance, Price, Place B. Product, Price, Promotion, Place C. Price, Placement, Product, Place D. Performance, Product, Planning, Production
Answer: B
Question: 9 Q7 Which of the following describes people leaving one job and moving to another? (2 marks) A. Structural unemployment B. Frictional unemployment C. Migration unemployment D. Cyclical unemployment
Answer: D
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Question: 10 Q8 Which of the following best defines the term 'monetary policy'? (2 marks) A. The control of taxation B. The control over the amount of money in circulation and the cost of borrowing C. The control of numbers of people unemployed compared to those employed D. The control of wealth distribution
Answer: B
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CIPS CODE: A6 Exam Name: Analysing the Supply Market
Click the link below to buy full version as Low as $39
http://www.testsexpert.com/A6.html Microsoft
Cisco
IBM
HP
Other
MCTS 70-336 70-337
CCNA 640-802 640-822 640-816 640-460
IBM Lotus
000-M42 000-M60
AIS
MBS 70-332
CCNP 642-832 642-813 642-825 642-845
000-G01 000-M44
MCAS 77-602
CCSP 642-627 642-637 642-647 642-545
000-444 000-910
MCSE 70-281 70-282
CCIE 350-001 350-018 350-029 350-060
COG-105 COG-185
MCSA 2003 70-620
DATA CENTER 642-972 642-973 642-974 642-975
000-005 000-032
70-323 9L0-063 9L0-010 9L0-517 HP2-E53 70-321 650-179 1Y0-A20 00M-646 MB2-876 646-206 9L0-314 MB6-884 220-701 650-196 3305 MB6-871 HP2-Z22 9L0-407 9A0-146 HP2-H23 000-184 1Z0-527 HP2-B91 000-781 M70-201 M70-101 7004 HP3-X11 HP3-X08
70-462
98-361
MB3-861
77-601 77-604 70-284
70-461 70-680
70-463
MB3-862
77-605 70-285
70-291
Microsoft
6
IBM
000-M41 000-M62
IBM Mastery
000-M43 000-M45
HP0-311
HP0-M28
HP0-A25
HP0-M30
APC
HP0-D11 HP0-S29
HP0-J37 HP0-P14
Solutions Expert
MASE HP0-J33 HP0-M48 HP0-M49 HP0-M50
IBM Cognos
ASE
000-640 000-913 COG-180 COG-200
IBM Specialist
000-015 000-042
HP0-066 HP0-781
HP0-082 HP0-782
CSE
HP0-090 HP0-277
HP0-276 HP0-760
HP Cisco Oracle Instant download after purchase
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