L6M7 Exam Questions & Answers
Commercial Data Management • CIPS
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Sample L6M7 Questions
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At what stage in the procurement cycle should a buyer clarify a supplier's cybersecurity policy?
Cybersecurity policies should be evaluated as early as possible in the procurement process. The pre-qualification stage allows buyers to assess suppliers' security practices before inviting them to bid, ensuring that only secure vendors are considered. (P.156)
Jamila is the Head of Procurement at Big Smiles Ltd. A few years ago, e-procurement systems were introduced, which has led to huge efficiency and transparency gains for the organisation. The tools that Jamila's team use include a PO system and supplier KPI monitoring system, which are accessed through a web portal. Which of the following statements are true?
Web-based portals allow all users to work on the same version, reducing maintenance costs. There is no limit to the number of users, and piracy risk is lower because data is stored in the cloud. (P.53)
What are the three size characteristics of 'Big Data'? Select THREE.
The Three Vs of Big Data are:
Volume = Large size
Variety = Different data types (text, images, etc.)
Velocity = The speed at which data is generated
What is meta-data?
Metadata is information about data. For example, in a spreadsheet, the data includes entries in cells, while metadata describes the number of rows and columns. (P.73)
Which of the following is a UK-specific law that deals with the rights of data, particularly data that is shared and gathered online?
The Data Protection Act 2018 is the UK-specific law that governs data protection and incorporates GDPR into UK legislation. GDPR itself is an EU regulation but is included in UK law under this act.
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