L4M6 Exam Question 1
A buying organisation has decided to terminate its partnership with its supplier (FGH). For some time, the supplier has not been proactive in advising when deliveries will be late, which has frustrated the buying organisation. The supply market has historically been limited to a small number of suppliers, but new suppliers have decided that the market is attractive. The buying organisation is now considering setting up a partnership with a new supplier (XYZ) who has recently entered the market. What are the reasons for the buying organisation deciding to terminate its relationship with supplier FGH? Select TWO that apply.
L4M6 Exam Question 2
A vehicle company has a partnering relationship with the manufacturer of its engines. The manufacturer is considered a key partner and is already involved in product development at the vehicle company in several strategic projects. The car company and engine manufacturer have integrated systems for a just-in-time (JIT) delivery. Is this an example of a significant integration partnership?
L4M6 Exam Question 3
Price fluctuations can affect profitability. Is this statement correct?
L4M6 Exam Question 4
According to the STEEPLED analysis framework, what considerations are likely to be evaluated under the 'political' factor?
* Consumerism in the supply chains
* Grants and subsidies to the supply chains
* Civil unrest and war in the supply chains
* Wage rates in the supply chains
* Consumerism in the supply chains
* Grants and subsidies to the supply chains
* Civil unrest and war in the supply chains
* Wage rates in the supply chains
L4M6 Exam Question 5
A manufacturing company which produces showers struggles to get hold of a certain part called a mixer valve. It is impossible to make the showers without the mixer-valve and there is only one supplier in the market that produces them. The good news is they aren't very expensive to buy. What type of supplier is the supplier of mixer valves?