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Supplier Relationships

Last Update 20 hours ago Total Questions : 263

The Supplier Relationships content is now fully updated, with all current exam questions added 20 hours ago. Deciding to include L4M6 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our L4M6 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these L4M6 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Supplier Relationships practice test comfortably within the allotted time.

Question # 4

Phone Maker Incorporated is a manufacturer of mobile phones. It is considering investing in a partnership with its supplier of batteries and circuit boards as it wishes to produce new models of its phone more regularly. What is the main driver for Phone Maker Incorporated?

A.

Cheaper costs

B.

Changes in the marketplace

C.

Better quality products

D.

Reduced product life-cycles

Question # 5

Under what circumstances should a competitive tender not be completed? Select TWO.

A.

When the items are of high value

B.

When the items are of low value

C.

When there is a clear specifications

D.

When there is not a clear specification

Question # 6

Which of the following are advantages for the buyer of early supplier involvement with the buyer's product development team?

A.

1 and 2 only

B.

1 and 3 only

C.

2 and 3 only

D.

2 and 4 only

Question # 7

Which of the following are recognised organisational culture types? Select THREE

A.

Power

B.

Role

C.

Person

D.

Knowledge

E.

Team

Question # 8

The Public Sector in the UK is unable to enter into formal partnership relationships with any supplier. Is this statement TRUE?

A.

Yes- the Public Sector is regulated by EU procurement regulations which prohibits this

B.

Yes- the Public Sector is unable to enter partnerships because they operate in a monopoly market

C.

No- the Public Sector can enter into partnership relationships with suppliers providing they have tendered the opportunity

D.

No- the Public Sector can enter into partnership relationships when contracts are over the threshold value.

Question # 9

Which of the following is an important step in partnership sourcing?

A.

Ensuring the other party has as little margin as possible

B.

Secretly formulating an exit strategy

C.

Selling the idea to management

D.

Imposing and enforcing unrealistic KPIs

Question # 10

When outsourcing, which legislation details the rights of employees who may find themselves now working for the outsourcing company?

A.

ITT

B.

PCR 2015

C.

OJEU

D.

TUPE

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