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Free L3M2 Exam Braindumps (page: 8)

Page 7 of 23
PDF with 90 Questions

Thinking of Carter's 10 C's, the `c' for Commitment refers to:

  1. Delivery
  2. Profit
  3. Quality
  4. Customer

Answer(s): C

Explanation:

Commitment to Quality.
You will need to know the 10 C's for various exams at Advanced Certificate, CIPS Diploma, and possibly beyond...



Restricted or limited tendering is also sometimes known as:

  1. Effective
  2. Elective
  3. Selective
  4. Invective

Answer(s): C

Explanation:

Selective, restricted and limited are all essentially the same idea: not open tendering, but using some kind of prequalification approach.



`Efficiency is measured in terms of a quantity of ...'

  1. Output per unit of input resource
  2. Resource per unit of input
  3. Input per unit of output resource
  4. Throughput

Answer(s): C

Explanation:

Output per unit of input resource.

Efficiency is, in a sense, seeking to get as much out of a system, while putting in as little as possible.



Which two of the following would be unlikely to increase value for money for an organisation?

  1. Attending social events at supplier's expense
  2. Use of value analysis or value engineering
  3. Standardisation of components
  4. Accepting a late bid in a tender process

Answer(s): A,C

Explanation:

Suppliers entertain to retain or generate business - there is a cost to this, which is recovered from customers - the antithesis of value for money. Late bids are sometimes related to inflated prices and instances of malpractice. A late bid is extremely unlikely to increase value for money in the long term and is a serious breach of organisational procedure.






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