L4M4 Exam Question 66

A supplier operates in a monopolistic market where the threat of entry is low. The product that they offer is key in manufacturing certain types of submarines and there is no known substitute for the product at present.
What type of sourcing relationship is a buyer likely to have with this supplier?
  • L4M4 Exam Question 67

    What are the two main financial accounting statements of an organisation that show the values of assets and liabilities, and the profit earned in the period?
  • L4M4 Exam Question 68

    A company has a requirement for an item that has been identified as strategic on the positioning model. The company needs to invite competitive tenders and ensure the selected supplier of this item is in a good financial position. What should the company ask the suppliers to send to show that their current assets cover their current liabilities?
  • L4M4 Exam Question 69

    Jack Green is using an open tender to source a new component for a product. What must be considered if using an open tender?
  • L4M4 Exam Question 70

    What would an EBITDA ratio show you?