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Total 301 questions

Ethical and Responsible Sourcing Questions and Answers

Question 45

Under what circumstances can a buyer reduce timescales for a tender in the Public Sector?

Options:

A.

if tenders are received by electronic submission exclusively

B.

if the competition is restricted

C.

if there are fewer than 5 bidders

D.

when the tender is of low value

Question 46

Using a weighted scorecard to assess and compare supplier proposals is beneficial for which of the following reasons?

Options:

A.

Deciding on what score to give each criterion is subjective and can avoid transparency in the selection process

B.

It provides an objective and consistent approach to evaluating bids and ensures that best value for money is achieved

C.

It increases bias towards suppliers who otherwise might not have been awarded the contract

D.

The focus on price simplifies the assessment process, making it easier to select the lowest cost supplier

Question 47

It is good practice for the procuring organisation's auditors to undertake the following upon completion of a supplier's audit. Select the TWO that apply.

Options:

A.

Do nothing, after all, this is a known supplier incapable of serious breaches

B.

Inform the supplier of any non-conformances and improvement opportunities

C.

Report non-compliance to police and have the supplier arrested for lapses

D.

Prepare an audit report that may be shared with the supplier in advance

E.

Call for a meeting with colleagues and share confidential details of the audit

Question 48

A buyer might opt to do an 'Invitation to Tender' (ITT) rather than a 'Request for Quotation' (RFQ) process because …

Options:

A.

The nature of the goods or services being purchased are complex and high value

B.

The contract will be low value and there are many suppliers, therefore a simpler approach is required

C.

The supplier market is an oligopoly where a few large suppliers dominate the market

D.

Time is of the essence and decisions need to be made quickly without additional stakeholder involvement

Page: 12 / 23
Total 301 questions