Online Access Free L4M4 Exam Questions

A restricted tender process involves supplier selection. This process focuses on which of the following?
* Production capacity
* Decommissioning costs
* Total life cost
* Financial stability

• A.2 and 4 only
• B.1 and 2 only
• C.1 and 5 only
• D.1 and 4 only

Ali is the Category Manager at an airplane manufacturing factory. He works with many different suppliers who provide different components for the planes. The company is investing heavily in Environmental and Social Governance and Ali has been asked by the CEO what the best practice is to ensure ethical behaviour from suppliers. Ali has suggested completing Audits. Is this the right thing to do?

• A.No- Ali should simply ask the supplier's about their ethical practices
• B.Yes- audits always uncover ethical violations such as modern day slavery
• C.No- audits will only reveal financial issues not ethical ones
• D.yes - these can be completed without warning which would give Ali an accurate picture of the supplier's operations

Scott is a procurement manager who is evaluating a bid from a supplier to provide a new IT system to his office that will be used by 100 employees. He is considering the total life-cycle costs. Which of the following should Scott consider? Select THREE

• A.Added value
• B.Training
• C.Functional Fit
• D.Acquisition Costs
• E.Maintenance

Roberto is running a tender in which his main concern is price. However he is keen to hear also about the companies' Corporate Social Responsibility Policies and how this will impact their delivery. Roberto is considering awarding the CSR question 4 points in a weighted point system. If he does this, what weight should be given to the price?

• A.4
• B.8
• C.96
• D.5

Faisal is a medical equipment maintenance services procurement specialist within a local hospital. Faisal is responsible for ensuring contracts are in place that will ensure operational continuity of high-value pieces such as radiology equipment. When carrying out tender opportunities for these services, Faisal will specify, as an essential requirement, that certain standards are adhered to. Which of the following is a benefit of incorporating standards as a requirement within a specification?

• A.Standards provide clear guidelines and remove the risk of ambiguity
• B.Standards will mirror the buyer's requirements in its entirety
• C.Standards will ensure low pricing is submitted in the tender response
• D.Standards will ensure suppliers meet all the buyer's requirements