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Pass Using L4M6 Exam Dumps

Page: 16 / 17
Total 226 questions

Supplier Relationships Questions and Answers

Question 61

Lion Manufacturing is about to enter into a partnership with Penguin Logistics, who will provide delivery to and from Lion Manufacturing's factories and warehouses. In this relationship, what type of negotiation strategy should Lion manufacturing use?

Options:

A.

win: win

B.

win: lose with the supplier winning

C.

lose: lose

D.

win: lose with the buyer winning

Question 62

The ABC Analysis, also known as the Pareto Analysis, is a technique that can be used by procurement to which purpose?

Options:

A.

supplier positioning

B.

cost analysis

C.

relationship spectrum

D.

cost engineering

Question 63

A company supplies IT equipment and buys most of its components from first-tier suppliers in the UK. It wants to analyse its supply market to develop the supply chain and is going to review the main factors that have an influence. The company wants to use the STEEPLED external environmental analysis framework to achieve the best result. Which of the following STEEPLED factors is most likely to have the greatest effect?

Options:

A.

Sociocultural

B.

Technological

C.

Economic

D.

Ethical

Question 64

Which of the following is a characteristic of a traditional contracting agreement?

Options:

A.

Emphasis on mutual trust between purchaser and supplier

B.

Emphasis on quality assurance based on zero defects

C.

Emphasis on single source arrangement

D.

Emphasis on short-term business relationships

Page: 16 / 17
Total 226 questions