CORe Exam Question 71
Smith agrees to work for Acme Company for 12 months on a time and materials contract, with right of termination for convenience. Under the terms of the contract, Smith's fee is payable quarterly. After six months, Smith provides notice of termination. Smith was only paid for the first three months of the contract, and Acme Company is withholding payment of the outstanding balance. If Smith files a lawsuit to recover damages, Smith is MOST likely to be compensated for which of the following types of damages?
CORe Exam Question 72
An oil & gas exploration company has employed its current offshore vessels for over ten years. The firm is seeking to bring its fleet up-to-date. The firm knows what results it requires, but with the changes that have occurred over the last decade, it is not sure what combination of vessel types and quantities will deliver the most efficient operations for its needs. Given this situation, which of the following will be MOST appropriate for this firm to issue?
CORe Exam Question 73
A supply manager identifies an overseas source for parts used by the organization. The supplier's capacity, performance, reputation and sample quality are all acceptable. During final price negotiations, the supplier requests that the contract be based on its local currency. Which of the following is the FIRST course of action the supply manager should take in order to address the possible impact of this request?
CORe Exam Question 74
A supply manager for FGH, Inc. places a purchase order for 10 widgets with a supplier. The supplier ships 10 widgets and invoices for 10 widgets, and the end user receives 10 widgets. However, the procure to pay system shows receipt of 8 widgets. The supplier demands to be paid the full amount. Responsibility for resolving this issue will fall to FGH's
CORe Exam Question 75
A supplier of software critical to PQR Inc.'s scheduling system plans to discontinue supporting the version PQR uses in order to concentrate its resources on a newer version. The current software works well for PQR, and upgrading It would be costly for them in both money and time. The supply manager for PQR assembles a negotiating team with representatives from user departments to discuss the situation with the supplier and try to reach a mutually satisfactory agreement.
Soon after the start of negotiations, the supplier states that 90 days is the longest they can guarantee support for the current software. PQR's production manager responds by saying, "Fine, we will take any extension at this point." But PQR's IT director shouts, "We can't do that! It will take at least six months to replace the software, even if we could afford to do so." Given this situation, which of the following is the BEST course of action for the supply manager to take?
Soon after the start of negotiations, the supplier states that 90 days is the longest they can guarantee support for the current software. PQR's production manager responds by saying, "Fine, we will take any extension at this point." But PQR's IT director shouts, "We can't do that! It will take at least six months to replace the software, even if we could afford to do so." Given this situation, which of the following is the BEST course of action for the supply manager to take?