QUESTION 124
A buyer is considering trading with a new supplier who is based in a country they have not traded with before.
The buyer needs to understand the anti-bribery risks in the country. Which of the following sources of information would be useful in this regard? Select TWO that apply.

QUESTION 125
Which of the following is a regulatory body which protects the rights of workers?

QUESTION 126
If a company is described as ‘liquid’ what does this mean?

QUESTION 127
Ali is the Category Manager at an airplane manufacturing factory. He works with many different suppliers who provide different components for the planes. The company is investing heavily in Environmental and Social Governance and Ali has been asked by the CEO what the best practice is to ensure ethical behaviour from suppliers. Ali has suggested completing Audits. Is this the right thing to do?

QUESTION 128
Which of the following financial ratios would indicate a supplier’s potential exposure risk to a steeprise in inflation?

QUESTION 129
Which of the following characteristics are likely to be required within sourcing processes undertaken in the public sector?
* An emphasis on long-term supplier relationships where possible
* Maintaining service levels within value and cost parameters
* All dealings between buyers and suppliers are kept confidential
* A competitive tendering process is usually encouraged

QUESTION 130
What are the risks of outsourcing?
* Loss of control of project
* Loss of assets
* Loss of future business opportunities
* Loss of private information

QUESTION 131
You have been asked to purchase 500 pens of a specific brand. You decided to use a weighted points system for assessment of proposals. Is this approach appropriate?

QUESTION 132
When would a procurement professional use the Pareto principle?

QUESTION 133
What type of ratio is used to measure a company’s ability to meet its short-term financial obligations, specifically focusing on its ability to convert assets into cash to cover current liabilities?

QUESTION 134
An organisation is keep to include Social Outcomes in it’s assessment for Value for Money for a new tender.
Which of the following should be considered?

QUESTION 135
Which of the following is considered as part of ESG?

QUESTION 136
The procurement manager has supplier data: Current Assets = $300 (Stock $200, Debtors $60, Cash $40).
Short-Term Liabilities = $150 (Bank overdraft). Which calculation gives the current ratio?

QUESTION 137
Which instance would multiple sourcing be the most applicable approach?

QUESTION 138
A buyer for a large manufacturing organisation is assessing a sole supplier tender opportunity. The buyer is finding it challenging to differentiate the proposals on unit purchase price. Are there any added values that the procurement manager can use to leverage the sole supplier proposal?