L4M6 Exam Question 1
Construct Builders Ltd works very closely with a supplier called Solid Timber Co on house-building projects.
They have a very close working relationship, sharing investment, setting pricing levels, and looking at sharing resources. The two companies also work closely together to set strategic directions and explore new markets for long-term growth. There is no formal contract in place between the two companies. Using the relationship spectrum, what relationship does this scenario best describe?
They have a very close working relationship, sharing investment, setting pricing levels, and looking at sharing resources. The two companies also work closely together to set strategic directions and explore new markets for long-term growth. There is no formal contract in place between the two companies. Using the relationship spectrum, what relationship does this scenario best describe?
L4M6 Exam Question 2
Which of the following is not a type of tender process used in the Public Sector?
L4M6 Exam Question 3
A buyer is intending to purchase a new product for their business; however, the market has a large number of suppliers. What would be the most beneficial way for them to initially narrow down the supply options?
L4M6 Exam Question 4
Philip is working with a supplier where the annual spend is low but the market risk is high. What portfolio analysis category would be appropriate?
L4M6 Exam Question 5
Which of the following would be the most likely driver for a manufacturing organisation to consider partnership sourcing?
