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L4M6 Exam Dumps : Supplier Relationships

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Supplier Relationships Questions and Answers

Question 1

One of the fist stages of designing a Partnership is to come up with joint KPIs. These should be:

Options:

A.

Measurable, achievable and time-bound

B.

Relatable, specific and measurable

C.

Time bound, difficult and relevant

D.

Significant, measurable and achievable

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Question 2

Which of the following is characteristic of an adversarial relationship?

Options:

A.

The communication is always poor

B.

The price is more important than the quality of the product

C.

They are only used for one-off purchases

D.

The outcome of the deal is more important than the long term relationship

Question 3

Which of the following is a way of improving supplier commitment and loyalty?

Options:

A.

Have a stand-off approach to the relationship

B.

Over-promising the supplier future work

C.

Imposing excessive performance penalties

D.

Providing guaranteed order levels