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L4M6 VCE Exam Download

Page: 17 / 20
Total 263 questions
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Supplier Relationships Questions and Answers

Question 65

The Public Sector in the UK is unable to enter into formal partnership relationships with any supplier. Is this statement TRUE?

Options:

A.

Yes- the Public Sector is regulated by EU procurement regulations which prohibits this

B.

Yes- the Public Sector is unable to enter partnerships because they operate in a monopoly market

C.

No- the Public Sector can enter into partnership relationships with suppliers providing they have tendered the opportunity

D.

No- the Public Sector can enter into partnership relationships when contracts are over the threshold value.

Question 66

A common reason attributed to many partnerships failing is ...

Options:

A.

A bad advertising campaign

B.

Not winning every contract they bid for

C.

No contract being in place

D.

Poor communication

Question 67

Value for money is often described at the ‘three Es’; economy, efficiency and effectiveness. However some people consider a 4th E which refers to the public sector. What is the fourth E?

Options:

A.

Equality

B.

Environment

C.

Equity

D.

Ethics

Question 68

Which of the following would be benefits of partnership sourcing? Select TWO that apply.

Options:

A.

Reduction in inflation

B.

Reduction in costs

C.

No need for contracts

D.

Reduction in stakeholder numbers

E.

Continuity of supply

Page: 17 / 20
Total 263 questions
Get L4M6 Full Access Download L4M6 PDF