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CIPS L3M1 Exam - Topic 3 Question 25 Discussion

Posted by Ona on Oct 21, 2024 at 08:49 AM

Which of the following is least risky from the buyer's viewpoint?

Suggested Answer: C, D

To gain market share and to create shareholder value (increase the value of shares) are common aims of private sector organisations.

The other two answers are the antithesis of what firms usually want.


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30 comments · newest first
DO
Dorian 11 months ago
I’m not sure about that, seems like a gamble either way.
BL
Blossom 11 months ago
Wait, isn't paying in full at order risky too?
LE
Leota 12 months ago
But what if the seller doesn't deliver?
AL
Alonso 12 months ago
I agree, no upfront risk is the way to go!
LI
Linwood 1 year ago
Payment on delivery is definitely the safest option.
BE
Bettye 1 year ago
I’m a bit confused about the 60 days after delivery option. It seems safer than paying upfront, but I wonder if it could lead to disputes later.
AR
Art 1 year ago
I practiced a similar question where payment terms were key. I think payment in full at the time of order is definitely the riskiest.
DA
Darrel 1 year ago
I'm not entirely sure, but I feel like paying 50% upfront could be risky if the seller doesn't deliver.
PA
Paulina 1 year ago
I remember discussing payment methods in class, and I think payment on delivery is the safest option for buyers.
TE
Tequila 1 year ago
I'm a bit confused by this question. I'll need to review the payment terms carefully to decide which one poses the least risk for the buyer.
CA
Carma 1 year ago
I'm leaning towards option B - 50% upfront and the rest 90 days after delivery. That way the buyer has some skin in the game but isn't fully exposed.
EU
Eura 1 year ago
Payment on delivery seems like the safest bet for the buyer. They don't have to worry about the seller not delivering the goods if they've already paid.
AR
Arminda 1 year ago
Hmm, I'm not sure about this one. I'll have to think through the pros and cons of each payment option to determine which one is the least risky for the buyer.
CO
Cortney 1 year ago
This seems like a straightforward question about payment terms and risk. I'll carefully consider the options and choose the one that is least risky for the buyer.
LA
Layla 1 year ago
I'd rather not risk getting a dud product. I'm going with A) Payment on delivery - no money down, no worries!
VE
Vernice 1 year ago
B) Payment of 50% at time of order; with balance to be paid 90 days after delivery is a good compromise. You don't have to front the full cost, but the seller still has some skin in the game.
OL
Olga 1 year ago
D) Payment 60 days after delivery is the way to go. That gives you time to inspect the product and make sure it's what you ordered before you pay.
AR
Ardella 1 year ago
I think I'd go with C) Payment in full at time of order. That way, you can be sure the seller has your money and will be motivated to fulfill the order.
VE
Vernice 1 year ago
↳ replying to Ardella
D) Payment 60 days after delivery could be risky if the seller doesn't deliver as promised.
MA
Marylyn 1 year ago
↳ replying to Ardella
I would go with A) Payment on delivery to minimize the risk of not receiving the product.
ST
Stefanie 1 year ago
↳ replying to Ardella
I think B) Payment of 50% at time of order; with balance to be paid 90 days after delivery is a good compromise.
BR
Brittney 1 year ago
↳ replying to Ardella
I agree, C) Payment in full at time of order seems like the safest option.
TE
Terrilyn 2 years ago
A) Payment on delivery seems like the safest option for the buyer. You don't have to worry about getting stuck with the product if the seller doesn't deliver.
NA
Nathalie 1 year ago
↳ replying to Terrilyn
D) Payment 60 days after delivery could be risky if the seller doesn't deliver as promised.
DE
Deangelo 1 year ago
↳ replying to Terrilyn
C) I think payment in full at time of order is too risky.
AD
Adaline 1 year ago
↳ replying to Terrilyn
B) I agree, it gives you the chance to inspect the product before paying.
DE
Deeann 2 years ago
↳ replying to Terrilyn
A) Payment on delivery is definitely the least risky option.
EA
Earlean 2 years ago
But what if the delivery is delayed or the product is not as expected? With payment on delivery, you have more control.
CH
Chanel 2 years ago
I disagree, I believe option C) Payment in full at time of order is the least risky.
EA
Earlean 2 years ago
I think option A) Payment on delivery is least risky.
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