Certified Professional Public Buyer (CPPB) Practice Test

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Certified Professional Public Buyer Test with our engaging materials. Access multiple choice questions with hints and detailed explanations. Start your journey to certification success today!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What defines the nature of goods in quadrant IV of the supply positioning matrix?

High, unpredictable expenditure
High risk and extensive investment
Low degree of risk and high demand
High degree of risk and high expenditure

The correct answer is: Low degree of risk and high demand

In quadrant IV of the supply positioning matrix, goods are characterized by a low degree of risk and high demand. This indicates that while the procurement involved is not associated with significant uncertainties or critical supply challenges, the market demand for these goods remains robust. Goods defined in this quadrant are typically stable in terms of supply and demand conditions; procurement teams can focus on efficiency and cost-effectiveness due to the predictable nature of these goods. The high demand ensures that there is a consistent and sufficient supply to meet the needs, allowing for strategic decisions that can capitalize on volume discounts or market opportunities without the concern of fluctuating availability or quality. Understanding this quadrant is crucial for procurement professionals as it guides them to develop strategies that emphasize operational efficiency, supplier relationships, and pricing agreements, thus facilitating a smooth sourcing process while ensuring that they remain responsive to consistent demand levels.