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L3M2 Exam Dumps : Ethical Procurement and Supply

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Ethical Procurement and Supply Questions and Answers

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Question 1

‘Value engineering is a structured approach to increasing the value obtained from a product by of-fering the same level of XXXXX at a lower cost’.

What is XXXXX?

Options:

A.

Functionality

B.

Service

C.

Applicability

D.

Practicality

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Question 2

KPIs should be:

Options:

A.

START

B.

SMART

C.

SWART

D.

SHARP

Question 3

Select the two words which explain least well why the procurement of services can be more chal-lenging than the procurement of physical products:

Options:

A.

Intangible

B.

Variable

C.

Permeable

D.

Inseparable

E.

Perishable

F.

Unimaginable

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