L4M4 Exam Question 71

An international supplier of shirts provides four different prices for each garment depending on the Incoterm selected by the buyer. Which Incoterm would support achieving the lowest unit price per garment?
  • L4M4 Exam Question 72

    A buyer might opt to do an Invitation to Tender (ITT) rather than a Request for Quotation (RFQ) because ...
  • L4M4 Exam Question 73

    A buyer has discovered their supplier has taken the passports of some of their workforce. The supplier has offered the buyer a discount against the contract, but the discount only applies if the buyer does not report this finding. Which ethical concerns should the buyer report to the necessary stakeholders?
    * Fraudulent activity
    * Bribery
    * Modern slavery
    * Breach of confidentiality
  • L4M4 Exam Question 74

    The procurement team at Grape Juice Limited often use a weighted point system when ap-praising potential suppliers. What is a disadvantage of using a weighted point system?
  • L4M4 Exam Question 75

    A buyer for a large manufacturing organisation is assessing a sole-supplier tender opportunity. The buyer is finding it challenging to differentiate the proposals on unit purchase price. Are there any added values that the procurement manager can use to leverage the sole-supplier proposal?