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CIPS Exam L3M2 Topic 1 Question 11 Discussion

Actual exam question for CIPS's L3M2 exam

Question #: 11
Topic #: 1

[All L3M2 Questions]

You work as a buyer for a large international corporation. You are currently involved in negotiating a high-value contract, and one of the supplier's representatives offers to take you to a dog-racing event, with all expenses paid. The offer is open to the whole of your procurement team. What do you do?

ADecline

BAccept

Show Suggested Answer

Suggested Answer: B

Value engineering, like value analysis, but at the design stage, seeks to create at least as great an output, but with fewer components / inputs.

by Carolynn at May 23, 2024, 01:38 PM

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Emerson

1 months ago

Accept, without a doubt! Who doesn't love a little greyhound action? As long as it's not a ruff deal, I'm in.

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Marylin

1 days ago

A) I appreciate the offer, but I'll have to decline. Thank you.

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Carin

12 days ago

B) Sounds like a fun opportunity, count me in!

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Katy

21 days ago

B) Accept

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Lettie

26 days ago

A) Decline

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Jerry

2 months ago

Hmm, a free day at the races? Sounds tempting, but I guess I'll have to sit this one out. Wouldn't want to get caught chasing my tail.

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Novella

7 days ago

I agree, it's tempting, but we need to stay professional and not mix business with pleasure.

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Hana

15 days ago

B) Accept

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Denny

26 days ago

That sounds like a fun offer, but I think it's best to stay focused on the contract negotiations.

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Abel

1 months ago

A) Decline

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Shannon

2 months ago

Decline, no doubt. I don't want to end up in the dog house with the legal team.

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Celestina

28 days ago

I understand your point, but I think it's best to decline. We need to focus on the contract and avoid any potential conflicts of interest.

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Antione

1 months ago

B) Accept

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Lynda

1 months ago

That's a generous offer, but I have to decline. We need to maintain professionalism in our negotiations.

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Lai

1 months ago

A) Decline

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Leontine

2 months ago

Decline? Of course! We can't accept gifts or entertainment from suppliers. That's just asking for trouble.

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Irene

2 months ago

I agree with Jerilyn, accepting the offer could potentially benefit our negotiations in the long run.

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Jerilyn

2 months ago

I think I would accept, it could help build a better relationship with the supplier.

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Elli

2 months ago

I would decline the offer.

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