CIPS Exam L3M2 Topic 2 Question 25 Discussion

Actual exam question for CIPS's L3M2 exam

Question #: 25
Topic #: 2

[All L3M2 Questions]

The abbreviation 'KPI' stands for:

AKey performance inducement

BKey procurement indicator

CKey performance improvement

DKey performance indicator
Key personnel insurance

Show Suggested Answer

Suggested Answer: D

Key performance indicator, designed to monitor a small number of critically-important aspects of supplier performance, indicated within a contract or a service level agreement as part of a contract.

by Noah at Oct 25, 2024, 12:06 AM

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Kimbery

14 days ago

Key personnel insurance - Wait, what? That's not even one of the options. Did someone accidentally spill their coffee on the exam paper?

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Lauran

15 days ago

D) Key performance indicator - Yep, that's the one. Gotta keep an eye on those key metrics, am I right?

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Clay

25 days ago

A) Key performance inducement - Really? That sounds like something from a sci-fi movie, not a real business term.

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Mitsue

3 days ago

C) Key performance improvement - Close, but not quite. Think about what 'performance' means in a business context.

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Paz

12 days ago

B) Key procurement indicator - No, that's not correct. It's actually an acronym used in business.

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1 months ago

I think the answer is D) Key performance indicator.

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