CIPS Exam A7 Topic 1 Question 60 Discussion

Actual exam question for CIPS's A7 exam

Question #: 60
Topic #: 1

[All A7 Questions]

Which of the following is the main objective of vendor rating?

ATo provide a measurement of performance of a contract

BTo make sure that the lowest possible cost is achieved

CTo reduce risk to both parties

DTo achieve the highest possible quality.

Show Suggested Answer

Suggested Answer: B

by Franchesca at May 29, 2024, 10:37 PM

Limited Time Offer

25%

Off

Get Premium A7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Fannie

10 months ago

As an aspiring automotive engineer, I'd say this is the kind of statement that really gets my engine revving!

upvoted 0 times

Sean

9 months ago

C) A vision statement

upvoted 0 times

...

Abel

9 months ago

A) A mission statement

upvoted 0 times

...

Dustin

10 months ago

Hmm, I'm going with A) a mission statement. It's all about the purpose and direction of the organization.

upvoted 0 times

Jeniffer

9 months ago

Yeah, it's like the roadmap for where the organization is headed.

upvoted 0 times

...

Shaun

9 months ago

I agree, a mission statement sets the tone for the company's goals.

upvoted 0 times

...

Aaron

10 months ago

This is a tough one, but I'd say it's C) a vision statement. Paints a picture of the company's aspirations and identity.

upvoted 0 times

Arlette

9 months ago

I see your point, but I still think it fits best as C) a vision statement. It sets the direction for the company's future.

upvoted 0 times

...

Joana

9 months ago

I agree with you, it sounds more like D) a value statement. It reflects the company's core beliefs and priorities.

upvoted 0 times

...

Matthew

10 months ago

I think it's A) a mission statement. It outlines the company's purpose and goals.

upvoted 0 times

...

Raylene

10 months ago

I think it's B) a statement of guiding principles. Talks about the core values that drive the company forward.

upvoted 0 times

Barabara

9 months ago

C) A vision statement

upvoted 0 times

...

Walker

10 months ago

B) A statement of guiding principles

upvoted 0 times

...

Lavonne

10 months ago

A) A mission statement

upvoted 0 times

...

Adelle

10 months ago

D) Definitely a value statement. Highlighting the importance of the employees and their role in the company's success.

upvoted 0 times

Samira

9 months ago

C) A vision statement

upvoted 0 times

...

Valentine

10 months ago

B) A statement of guiding principles

upvoted 0 times

...

Tiara

10 months ago

A) A mission statement

upvoted 0 times

...

Dorathy

10 months ago

C) A vision statement

upvoted 0 times

...

Cherilyn

10 months ago

B) A statement of guiding principles

upvoted 0 times

...

Brittney

10 months ago

A) A mission statement

upvoted 0 times

...

Zona

11 months ago

I agree with German. The statement emphasizes the importance of people in achieving the company's goals.

upvoted 0 times

...

German

11 months ago

I think the answer is A) A mission statement.

upvoted 0 times

...