L4M3 Exam Question 11
John Powers is the managing director of ACC Trading Ltd, which provides components to the automotive industry. His company has been providing number plates to Elite Motors Ltd for many years. As John Powers and Peter Ellis, the MD of Elite, have been friends for a long time, there has never been a formal contract agreed between the companies. Following a downturn in the market, Elite Motors Ltd has now been placed in administration. ACC recently delivered 200 number plates but have not received payment. As the number plates have been fitted to some vehicles, the administrators are being very slow to return them. Which clause in a formal agreement would have helped John?
L4M3 Exam Question 12
As part of a tender, which of the following are advantages that a purchasing organisation would expect to achieve by specifying that suppliers hold certification to an international environmental management standard, such as ISO 14001?
It provides assurance that bidders have achieved a common standard of practice It provides a guarantee that any polluting suppliers will be unable to tender The standard is recognisable to local and international bidders It removes the need to conduct internal environmental training
It provides assurance that bidders have achieved a common standard of practice It provides a guarantee that any polluting suppliers will be unable to tender The standard is recognisable to local and international bidders It removes the need to conduct internal environmental training
L4M3 Exam Question 13
Which of the following standards gives guidance on the layout and preparation of specifications?
L4M3 Exam Question 14
Maximum Score: 1
Where a supplier is incentivised to deliver improvements that create added value for the buyer, this is described as what type of outcome?
Where a supplier is incentivised to deliver improvements that create added value for the buyer, this is described as what type of outcome?
L4M3 Exam Question 15
A company needs to source a product from oversea. It wants to overcome technical barrier to cross-border trade by using standards in the specification. Which of the following is most likely to be incorporated into that specification?