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L4M6 Exam Dumps : Supplier Relationships

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Supplier Relationships Questions and Answers

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Question 1

Jenny is a procurement manager who works in the public sector. She has been charged with organising a tender to source new Xray machines for a hospital and to ensure that they receive ‘value for money’. Which of the following should Jenny consider when drafting her ITT?

Options:

A.

Price only

B.

Equity

C.

Whole life costs

D.

Availability

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Question 2

Which of the following relationship types are characterised by low levels of trust? Select TWO options

Options:

A.

Adversarial(Correct)

B.

Arm's Length

C.

Outsourced

D.

Single- Sourced

E.

Partnership

Question 3

Partnership relationships are long-term relationships without a defined end period. Is this statement TRUE?

Options:

A.

No- partnerships should have end dates so both parties have a way out if things don’t work out

B.

No- partnerships have end dates as they are contractual relationships

C.

Yes-partnerships do not have end dates because they involve significant investment

D.

Yes- partnerships do not have end dates because there is never a contract involved

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