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Free L3M3 Exam Braindumps (page: 3)

Page 2 of 23
PDF with 90 Questions

Johnson, Scholes and Whittington suggested three key criteria for options which can be used in the evaluation of a business case.
Which word was not one of these three key criteria?

  1. Transferability
  2. Feasibility
  3. Acceptability
  4. Suitability

Answer(s): A

Explanation:

'Is it acceptable, feasible and suitable?' are the tests.



Key players have a:

  1. High level of interest but little influence
  2. High level of interest and little power
  3. High level of power and a high level of interest
  4. High level of power but little interest

Answer(s): C

Explanation:

High level of power and a high level of interest.

You should hope that in your exam you get such an easy QUESTION NO : !



Under a XXXX contract, the buyer does commit to purchase a given quantity over a given period of time, but the precise number of orders and their quantities is unknown at the start of the period.
What expression has been replaced by XXXX?

  1. Call-off
  2. Framework
  3. Oral
  4. Term

Answer(s): A

Explanation:

The fact that the time period and the total quantity is known means it is a 'call-off' contract. The volumes of product are 'called off' from the contract as required by the buying organisation.

Make sure you understand the difference between a call-off contract and a framework arrangement.

Under a framework arrangement, there is no obligation on the part of the buyer to use the goods / services specified.



A `cause and effect' or `fishbone' diagram is also commonly known as:

  1. A Murakami diagram
  2. A Fukushima diagram
  3. An Ishiguro diagram
  4. An Ishikawa diagram

Answer(s): D

Explanation:

The answer is an Ishikawa Diagram.

Can be used in addressing quality problems, problems of under-performance, etc.

The other Japanese-sounding names shown as possible answers are spurious - two are novelists, and Fukushima was a serious environmental radioactive leak at a nuclear power station on the coast of Japan.






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