QUESTION: 21

The Profex textbook for this subject, states that `specifications are said to be `the heart of the con- tract'. The book then goes on to state that goods supplied must be `fit for...'

A King
Usage
The requirement
Purpose

Answer(s): D

Explanation:

'Fit for purpose'.
This expression is used as / in definitions of quality, as well as being included in parts of UK legisla- tion (Sale of Goods Act).

Reveal Solution Next Question

You work as a buyer for a large international corporation. You are currently involved in negotiating a high-value contract, and one of the supplier's representatives offers to take you to a dog-racing event, with all expenses paid. The offer is open to the whole of your procurement team.
What do you do?

Decline
Accept

Answer(s): A

Explanation:

Surely you know readily you should decline?

Reveal Solution Next Question

QUESTION: 23

The purpose of a specification is (select all that apply):

Provide a means of evaluation of a product or service
Act as a means of exchange
Define the requirement
Communicate the requirement clearly

Answer(s): A,C,D

Explanation:

All of the ones shown, except acting as a means of exchange, which is one of the parts of a defini-tion of money.

Reveal Solution Next Question

QUESTION: 24

Van Weele wrote that `quality is the degree in which XXXX requirements are met. We speak of a quality product or quality service when supplier and XXXX agree on requirements and those re-

quirements are met'.

Replace XXXX.
Specifier
Designer
Customer
Manufacturer

Answer(s): D

Explanation:

Quality, like most things in business, is ultimately about the customer.

Reveal Solution Next Question

Free L3M2 Exam Braindumps (page: 7)

QUESTION: 21

Explanation:

QUESTION: 22

Explanation:

QUESTION: 23

Explanation:

QUESTION: 24

Explanation: