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CIMAPRA19-P03-1 Exam - Topic 2 Question 74 Discussion

C is a large international supermarket chain. It has many thousands of suppliers and many thousands of potential suppliers competing for shelf space m its supermarkets.Which of the following provisions would be appropriate for C to include m its ethical code in relation to its suppliers?Select ALL that apply
B) C shall endeavour to adhere to the terms of its contracts with its suppliers at all times and D) C shall not use its buying power unscrupulously. and E) C shall keep confidential all information received from suppliers and potential suppliers
A) C shall insist on an exclusivity agreement with each supplier so that identical products are not available from other outlets
C) Cshall continuously remind suppliers that it always has several alternative suppliers to choose from.
F) C shall endeavour to take as high a percentage of each supplier's output as possible

CIMAPRA19-P03-1 Exam - Topic 2 Question 74 Discussion

Actual exam question for CIMA's CIMAPRA19-P03-1 exam
Question #: 74
Topic #: 2
[All CIMAPRA19-P03-1 Questions]

C is a large international supermarket chain. It has many thousands of suppliers and many thousands of potential suppliers competing for shelf space m its supermarkets.

Which of the following provisions would be appropriate for C to include m its ethical code in relation to its suppliers?

Select ALL that apply

Show Suggested Answer Hide Answer
Suggested Answer: B, D, E

Contribute your Thoughts:

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Alpha
7 months ago
A seems a bit unfair to suppliers, right?
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Magda
7 months ago
E is a must! Confidentiality is key.
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Cyndy
7 months ago
B and D are definitely the way to go!
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Charlene
8 months ago
C sounds kinda shady... not sure about that one.
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Ben
8 months ago
F just feels greedy, not ethical at all.
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Shenika
8 months ago
I think C could be seen as a bit aggressive; reminding suppliers of alternatives might not foster a good relationship.
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Sean
8 months ago
I feel like E is definitely a must-have since confidentiality is crucial in maintaining trust with suppliers.
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Weldon
9 months ago
I'm not entirely sure about A; exclusivity agreements seem a bit restrictive and could hurt competition.
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Nobuko
9 months ago
I remember discussing the importance of ethical practices in supplier relationships, so I think B and D might be good choices.
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Ena
9 months ago
Ah, this is a tough one. I'll need to weigh the pros and cons of each provision and try to strike a balance between C's commercial interests and its ethical obligations.
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Idella
9 months ago
This is a good one. I'll make sure to select all the options that demonstrate C's commitment to ethical and responsible business practices.
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Denna
9 months ago
Okay, I think I've got a strategy here. I'll focus on identifying the provisions that promote fairness, transparency, and mutual respect between C and its suppliers.
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Sarah
10 months ago
Hmm, I'm a bit unsure about this one. I'll need to think through the potential consequences of each provision and how they might impact the supplier-retailer relationship.
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Valentin
10 months ago
This looks like a tricky question. I'll need to carefully consider the ethical implications of each option and how they relate to the supermarket's responsibilities towards its suppliers.
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Ezekiel
10 months ago
I'd go with B and E. Honoring contracts and keeping information confidential are critical for maintaining trust with suppliers.
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Marcelle
6 months ago
Right! Keeping contracts and info confidential is a must.
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Kent
7 months ago
B and E show integrity. We need more of that!
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Stefany
7 months ago
Definitely! Trust is key in business relationships.
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Karina
7 months ago
I agree, B and E are essential for trust.
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Cherilyn
10 months ago
I agree with you, Laurel. Option D is also crucial to ensure fair treatment of suppliers.
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Benedict
11 months ago
Option D is a no-brainer. You can't just abuse your buying power to bully suppliers. That's just bad business ethics.
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Justine
10 months ago
B) C shall endeavour to adhere to the terms of its contracts with its suppliers at all times
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Belen
10 months ago
A) C shall insist on an exclusivity agreement with each supplier so that identical products are not available from other outlets
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Laurel
11 months ago
I think option B is important because it shows respect for the suppliers.
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