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L4M6 Exam Dumps : Supplier Relationships

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Supplier Relationships Questions and Answers

Question 1

Which of the following is a valid reason for ending a relationship with a supplier?

Options:

A.

the supplier delivered one delivery late

B.

force majeur

C.

the contract has ended

D.

the supplier has a new CEO who you don't like

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Question 2

Danny Bloomfield is a procurement manager and is using the STEEPLED analysis framework to review what macro factors could affect his project. Which of the following is an example of a socio-cultural (social) factor?

Options:

A.

Labour mobility

B.

Employment law

C.

Environmental regulations

D.

Consumer confidence

Question 3

An IT company is developing and launching a new product to the market. The project requires experts from different divisions of the business. What type of team should run this project?

Options:

A.

Virtual team

B.

Finance team

C.

Existing performing team

D.

Cross-organisational team