In which year did the United Nations issue the Universal Declaration of Human Rights?
Answer(s): C
1948 is the correct answer: the UN issued the UDHR in 1948, three years after the end of World War 2.More than 70 years later, we know that in many supply chains, there are individuals' human rights being breached, for example, in modern slavery.CIPS is strongly opposed to modern slavery, and we should do our utmost to eradicate such prac- tices within our supply chains.
When both buyer and seller share cost information with each other (in both directions), in order to collaborate in cost reduction activities.
Answer(s): D
Cost transparency - this requires a high trust level, as both parties open up and share information on the costs of their operations.Open book costing is a one-way share - the seller allows the buyer to look at their actual costs.
Imagine you discuss profit on an item for sale in your business as a percentage of the selling price. Assume the profit element represents 50% of the selling price. Is mark-up or margin being described here?
Answer(s): B
When profitability is spoken of as a % the selling price, the profit element is called the margin.
Qualitative research / data can accurately be described as XXX rather than 'counting'.What is XXX?
Probing.Qualitative research enables a researcher to develop themes of interest, in more depth than simpler quantitative research.
The letters `ESE' stand for:
Early supplier engagement - one of the assessment criteria for this course (3.1)
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