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CIPS L4 Diploma in Procurement & Supply

L4M2: Defining Business Need

Understand how to devise a business case for requirements to be sourced from external suppliers, market management, and the use of specifications in procurement and supply.

350+ practice questions
14 study pages
Objective response

What you will learn in L4M2

  • Understand how to devise a business case
  • Understand market management
  • Understand the use of specifications

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Frequently asked questions

What does L4M2 (Defining Business Need) cover?

Understand how to devise a business case for requirements to be sourced from external suppliers, market management, and the use of specifications in procurement and supply. Learning outcomes: Understand how to devise a business case; Understand market management; Understand the use of specifications.

How is L4M2 assessed?

Defining Business Need is covered through Objective response: a 60-question objective-response exam with a 70% pass mark.

How much L4M2 practice does Examova provide?

Examova currently provides 350+ published practice questions and 14 study pages for L4M2.

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