Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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?

Show Suggested Answer Hide 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

Limited Time Offer

25%

Off

Get Premium L3M2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Shannon
2 days ago
Decline, no doubt. I don't want to end up in the dog house with the legal team.
upvoted 0 times
...
Leontine
5 days ago
Decline? Of course! We can't accept gifts or entertainment from suppliers. That's just asking for trouble.
upvoted 0 times
...
Irene
5 days ago
I agree with Jerilyn, accepting the offer could potentially benefit our negotiations in the long run.
upvoted 0 times
...
Jerilyn
6 days ago
I think I would accept, it could help build a better relationship with the supplier.
upvoted 0 times
...
Elli
8 days ago
I would decline the offer.
upvoted 0 times
...

Save Cancel