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

Actual exam question for CIMA's CIMAPRA19-P03-1 exam
Question #: 16
Topic #: 3
[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: A, B, D

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

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Keneth
1 months ago
I hear C also has a secret 'Ethical Code of Conduct' for its customers, like 'Don't try to sneak in your own bags' and 'No eating the produce before checkout'.
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Dorsey
7 days ago
B) C shall not use its buying power unscrupulously.
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Cordie
16 days ago
A) C shall endeavour to adhere to the terms of its contracts with its suppliers at all times
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Malcolm
1 months ago
Option A? Really? Insisting on exclusivity? That's just asking for a monopoly lawsuit.
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Cecily
1 months ago
Option E is a no-brainer. Protecting supplier confidentiality is crucial for maintaining trust in the supply chain.
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Leota
1 months ago
Option D is the most important one. A supermarket chain shouldn't abuse its buying power to exploit suppliers.
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Goldie
1 days ago
I agree, both options D and E are essential for C to include in its ethical code.
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Helga
7 days ago
I think option E is also important to ensure trust and confidentiality with suppliers.
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Kimi
17 days ago
E) C shall keep confidential all information received from suppliers and potential suppliers
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Lindsey
19 days ago
Agreed, option D is crucial for maintaining fair business practices.
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Allene
27 days ago
C) C shall continuously remind suppliers that it always has several alternative suppliers to choose from.
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Marylin
1 months ago
B) C shall endeavour to adhere to the terms of its contracts with its suppliers at all times
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Adelina
1 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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Irene
2 months ago
I believe option E is essential to maintain trust and confidentiality with suppliers.
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Lavonda
2 months ago
I agree with you, Myra. Option D is also crucial to ensure fair treatment of suppliers.
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Norah
2 months 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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Jesusita
1 months ago
User 1
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Gwenn
2 months ago
User 2
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Albina
2 months ago
D) C shall not use its buying power unscrupulously
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Harley
2 months ago
E) C shall keep confidential all information received from suppliers and potential suppliers
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Kimbery
2 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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Myra
3 months ago
I think option B is important because it shows respect for the suppliers' contracts.
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