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L3M4 Exam Dumps : Team Dynamics and Change

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Team Dynamics and Change Questions and Answers

Question 1

Drafting a specification is important because these documents become embedded within the contract and therefore, are legally binding. Is this statement true?

Options:

A.

No, as the specification is separate to the contract and has no legal standing

B.

Yes, because all specifications must be approved by the organisation's board according to legislation

C.

No, because legally binding contracts only contain terms and conditions

D.

Yes, care needs to be taken because the specification should be part of the contract

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Question 2

Contract terms are statements by the parties to the contract as to what they understand their rights and obligations to be under the contract. It is important from the outset that there is a genuine agreement between the parties as to what the contract terms are. After the contract has been made, it is too late for either party to alter its terms unilaterally. Which of the following is another role that negotiated contract terms might play?

Options:

A.

Defining conditions and contingencies that may alter the arrangement

B.

Ensuring any future contracts will be on the buyer's terms

C.

Providing a guarantee that the supplier will never fail to perform under any circumstances

D.

Identifying the type of contractual disputes in which the courts might decline to adjudicate

Question 3

Within the overall philosophy of just-in-time production, a signalling system to indicate when the next stage of the production process needs output from the previous stage, is called:

Options:

A.

Heijunka

B.

Kaizen

C.

Kanban

D.

Lankan