Question 1

In a _________ suppliers are asked to give a price for a requirement, although they can consider other options in addition to price.

Options :

A : ITT

B : RFQ

Answer: B

Question 2

Supplier and customer websites are likely to contain the information such as – select all that apply

Options :

A : The type of goods or services that the organisation provides

B : Where they are based

C : Who their customers are

D : All of the above

Answer: D

Question 3

Supplier and customer websites are likely to contain the information such as – select all that apply

Options :

A : The type of goods or services that the organisation provides

B : Where they are based

C : Who their customers are

D : All of the above

Answer: D

Question 4

Quality assurance and quality control provide the information required for quality improvement.

Options :

A : TRUE

B : FALSE

Answer: A

Question 5

Buyers can compare several products and services on an e-marketplace without the need for a formal procurement or sourcing process

Options :

A : TRUE

B : FALSE

Answer: A

Free L2M4 Mock Exam – Practice Online Confidently