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L3M2 Exam Dumps : Ethical Procurement and Supply

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Ethical Procurement and Supply Questions and Answers

Question 1

Where the buyer’s and seller’s conditions of contract clash, this is commonly known as ‘the battle of the…’

Options:

A.

Bulge

B.

Terms

C.

Firms

D.

Forms

E.

Papers

F.

Titans

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Question 2

Which of the following are likely to encourage sound ethical practices within a procurement department?

Options:

A.

Annual audits

B.

After-hours socialising to develop better relationships with suppliers

C.

Generous levels of workplace training

D.

Encouraging membership of CIPS for all staff

E.

Modest salaries

Question 3

The objective of value engineering has been described as:

Options:

A.

Doing more with the same

B.

Doing more with less

C.

Doing more with more

D.

Doing more with your time