Pass the CIPS CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M2 Questions and answers with CertsForce

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Questions # 21:

You work as a buyer for a large international corporation. You are currently involved in managing a high-value tender, and one of the potential bidders offers to take you to a horse-racing event, with all expenses paid. The offer is for you alone; not for colleagues in your organisation. What do you do?

Options:

A.

Decline


B.

Accept


Expert Solution
Questions # 22:

‘I’m not really well up on ethics within organisations, especially within procurement. Where can I find some really good quality up-to-date information about ethics?’ Choose one.

Options:

A.

CIPS website


B.

A recently-elected local politician


C.

A good second-hand bookshop


D.

Anni, who retired from our organisation’s social media department four years ago


Expert Solution
Questions # 23:

The act of secretly and illegally stealing funds which have been placed in the individual’s trust, or money belonging to a person’s employer:

Options:

A.

Fraud


B.

Extortion


C.

Bribery


D.

Embezzlement


Expert Solution
Questions # 24:

The supplier appraisal model attributed to Dawn Dadds, is, as shorthand:

Options:

A.

FACE2FACE


B.

NOSE2NOSE


C.

MAN2MAN


D.

HEAD2HEAD


Expert Solution
Questions # 25:

Where the buyer’s and seller’s conditions of contract clash, this is commonly known as ‘the battle of the…’

Options:

A.

Bulge


B.

Terms


C.

Firms


D.

Forms


E.

Papers


F.

Titans


Expert Solution
Questions # 26:

Finding new potential suppliers using the internet might be known as:

Options:

A.

e-sourcing


B.

e-scouring


C.

e-souring


D.

e-auction


Expert Solution
Questions # 27:

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

Options:

A.

Competitive e-tender


B.

Dutch e-auction


C.

Reverse e-auction


D.

Forward e-auction


Expert Solution
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