CIPS Ethical Procurement and Supply - L3M2 Exam Practice Test
The formal appraisal of a current supplier, measured in terms of factors such as quality, timeliness of delivery, etc is known as:
Correct Answer: A
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Which of the following is not a concept related to quality management?
Correct Answer: C
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Finding new potential suppliers using the internet might be known as:
Correct Answer: D
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An effective specification is one that is (select all that apply):
Correct Answer: A,B,C,D,F
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The price / cost ...
Correct Answer: C
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The axes on the Kraljic matrix are (select two):
Correct Answer: C,D
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The supplier appraisal model attributed to Dawn Dadds, is, as shorthand:
Correct Answer: D
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The Pareto Principle, broadly speaking, is also known as (choose two):
Correct Answer: A,C
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A situation in which a person is in a position to derive personal benefit from actions or decisions made in their official capacity, is called:
Correct Answer: F
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It is thought that the cause of a negative variance in the materials budget is the poor negotiation skills of procurement staff. Which of the following (select two) would be a move in the right direc-tion to remedy this situation?
Correct Answer: A,D
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