CIMA Exam CIMAPRA19-P03-1 Topic 3 Question 16 Discussion

Actual exam question for CIMA's CIMAPRA19-P03-1 exam

Question #: 16
Topic #: 3

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

AC shall insist on an exclusivity agreement with each supplier so that identical products are not available from other outlets

BC shall endeavour to adhere to the terms of its contracts with its suppliers at all times

CCshall continuously remind suppliers that it always has several alternative suppliers to choose from.

DC shall not use its buying power unscrupulously.

EC shall keep confidential all information received from suppliers and potential suppliers

FC shall endeavour to take as high a percentage of each supplier's output as possible

Show Suggested Answer

Suggested Answer: A, B, D

by Jennie at Sep 17, 2022, 07:51 AM

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Irene

6 days ago

I believe option E is essential to maintain trust and confidentiality with suppliers.

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Lavonda

7 days ago

I agree with you, Myra. Option D is also crucial to ensure fair treatment of suppliers.

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Norah

8 days ago

Option B seems like the bare minimum for any ethical code. Adhering to contracts is just good business practice, not a sign of ethical behavior.

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Myra

18 days ago

I think option B is important because it shows respect for the suppliers' contracts.

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