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Free L3M2 Exam Braindumps

An effective specification is one that is (select all that apply):

  1. Compliant with all legislation
  2. Concise - succinct
  3. Comprehensive ­ leaving nothing to doubt or misinterpretation
  4. Clear and unambiguous
  5. Comprehensible to all
  6. Current ­ up to date with the latest technology, standards, etc

Answer(s): A,B,C,D,E

Explanation:

A specification should be all of the above.



Where the buyer's and seller's conditions of contract clash, this is commonly known as `the battle of the...'

  1. Bulge
  2. Terms
  3. Firms
  4. Forms
  5. Papers
  6. Titans

Answer(s): D

Explanation:

Buyers should work hard to ensure that their terms and conditions apply to the contract between buyer and seller.
They should seek to win 'the battle of the forms'.



An internet-based auction between competing sellers or suppliers in real time, is called a:

  1. Competitive e-tender
  2. Dutch e-auction
  3. Reverse e-auction
  4. Forward e-auction

Answer(s): C

Explanation:

Reverse e-auction.
This term is used in your syllabus.



The formal appraisal of a current supplier, measured in terms of factors such as quality, timeliness of delivery, etc is known as:

  1. Vendor rating
  2. Overall rating
  3. Quality rating
  4. Ship's rating

Answer(s): A

Explanation:

Once a supplier is contracted, monitoring performance is vendor rating. Prior to a supplier being contracted, attempting to understand what their performance would be like is called 'supplier appraisal'.






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