L4M4 Exam Question 31
Why is it important, when awarding high-value contracts, for a buyer to conduct a financial assessment of a supplier?
L4M4 Exam Question 32
When assessing social responsibility elements of a supplier's proposal, what type of supporting evidence could a supplier provide?
L4M4 Exam Question 33
Commodities can be traded on a stock exchange and are generally divided into one of four categories. Which of the following is not one of these four categories?
L4M4 Exam Question 34
Mark is an audio visual category buyer in the public sector and is looking to purchase a large quantity of interactive screens for medical lecture rooms across a university campus. Mark expects this to cost in excess of £950,000 and suggests to his user group that a competitive tendering process should take place. Was this the right approach?
L4M4 Exam Question 35
Which of the following characteristics are likely to be required within sourcing processes undertaken in the public sector?
* An emphasis on long-term supplier relationships where possible
* Maintaining service levels within value and cost parameters
* All dealings between buyers and suppliers are kept confidential
* A competitive tendering process is usually encouraged
* An emphasis on long-term supplier relationships where possible
* Maintaining service levels within value and cost parameters
* All dealings between buyers and suppliers are kept confidential
* A competitive tendering process is usually encouraged