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A software developer is seeking to develop a new fitness trends app. They are looking to create a contract with a fitness expert to give advice on the type of changing fitness trends. What agreement should the app developer aim to achieve?

Options:

Partnering relationship

Cost-based relationship

Quality-based relationship

Traditional contracting relationship

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Question 2

Kyle Crant is a procurement director at ATSS Ltd and has introduced a new policy within the procurement function. The policy requires the procurement function to obtain quotations from multiple suppliers if a contract is worth over £10,000. What is the primary aim of this policy?

Options:

To ensure value for money is achieved

To allow procurement to select the lowest price

To enable a reduction in competition

To deliver an agile process

Question 3

Francisco has entered a partnership with Pedro, who is a key supplier, and wants to ensure that the partnership achieves all of Francisco’s goals. As well as qualitative and quantitative KPIs, what other measures could Francisco take to ensure the partnership is a success?

Options:

Do frequent appraisals on the supplier

Conduct regular audits

Ensure there is a damages clause in the contract

Threaten the supplier with termination if he underperforms

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Supplier Relationships Questions and Answers

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