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L3M2 Exam Dumps : Ethical Procurement and Supply

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Ethical Procurement and Supply Questions and Answers

Question 1

The abbreviation ‘KPI’ stands for:

Options:

A.

Key performance inducement

B.

Key procurement indicator

C.

Key performance improvement

D.

Key performance indicator

Key personnel insurance

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Question 2

‘Expediting’ is:

Options:

A.

Setting off for Nepal

B.

Taking an audit of warehouse stock

C.

Seeking approval for organisational expenditure

D.

Chasing up orders already placed

Question 3

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