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L3M2 Exam Results

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Question 12

A short definition of quality sometimes used (including in some UK legislation), said originally to come from Joseph Juran, is:

Options:

A.

Fitness for sale

B.

Fitness for purpose

C.

Fitness for consumption

D.

Fitness for shipping

Question 13

‘A product will not survive commercially unless it satisfies XXXX needs’. Which one of the follow-ing is the most important fit for XXXX?

Options:

A.

Customer

B.

Manufacturer

C.

Sales and marketing

D.

Government agency

Question 14

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:

Options:

A.

Conflict of interest

B.

Shared interests

C.

Split the difference

D.

Double indemnity

E.

Double whammy

F.

Conflict resolution

Question 15

You have invited quotations for some building maintenance work to be done at your organisational headquarters. Your sister has recently taken up a position as Head of Marketing at one of the firms which has quoted for the work. What should you do?

Options:

A.

Disbar the firm your sister works in, from the exercise, as the connection could create undesirable rumours about malpractice.

B.

Do nothing – you know you are honest and that is what matters.

C.

Ask your sister to take you out for dinner on her expense account to discuss the matter.

D.

Advise your line manager in writing, and ask to be excused from participation in this particular procurement exercise.

Page: 3 / 6
Exam Code: L3M2
Exam Name: Ethical Procurement and Supply
Last Update: Dec 22, 2024
Questions: 90
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