L3M1 Exam Dumps : Procurement and Supply Environments

Explanation

The GRN, invoice and PO should all match to enable payment to occur.

The BoM will help calculate the extent of the requirement, prior to the PO being issued.

An SLA will help ensure adequate and contractual delivery of any services required.

Explanation

This is true.

A limited company has its own legal identity.

(Your syllabus makes reference to 'unincorporated companies'. This is something of a contradiction - the term 'company' implies incorporation. Although I have not been permitted to see your actual ex-am QUESTION NO:s, it seems unlikely that you will be QUESTION NO:ed on this particular point).

Explanation

Continuously scanning the environment can bring rewards in the form of new supply companies, new products and services, awareness of supply firm or industry difficulties, etc.

Purchasing research is a very close answer to the correct one, but is likely to be more focussed, spe-cific.

If faced with a difficult choice as to which of two options in the exam is correct, think about what was included as part of your syllabus.

In this case, environmental scanning is the first entry in your Learning Outcome 3.1