L4M4 Exam Question 6

A procurement manager who works in the public sector has received 8 submissions to a tender op-port unity that was advertised on OJEU. The average price submission for the contract was £1m but one supplier has submitted a price of £200,000, which the procurement manager has identified as being 'an abnormally low tender'. What should be the procurement manager's course of action?
  • L4M4 Exam Question 7

    Polygon Incorporated is a new company in the mining industry, which often gets bad press due to issues of sustainability. Which of the following should Polygon Incorporated consider when developing sustainable business practices?
  • L4M4 Exam Question 8

    Commodities are items which can be traded on the stock exchange. These are generally divided into four categories. What are these four categories?
  • L4M4 Exam Question 9

    Which of the following would you use to work out a company's gearing ratio? Select TWO.
    0current liabilities
  • L4M4 Exam Question 10

    Which of the following are signs that modern-day slavery might be taking place within the supply chain?
    Select THREE.