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CIPS L4M6 Exam - Topic 10 Question 21 Discussion

Posted by Leonora on Apr 24, 2023 at 04:48 AM

Partnership relationships are long-term relationships without a defined end period. Is this statement TRUE?

Suggested Answer: B, C

The correct answers are information sharing and trust. Further qualitative KPIs are listed on p.102. Deliveries in full and on time would be a quantitative KPI and early supplier involvement is not a KPI at all.


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41 comments · newest first
FR
Fredric 11 months ago
I’m not sure about this, seems like they should have an end date.
CA
Cammy 11 months ago
Actually, partnerships usually have some form of contract.
HE
Helene 12 months ago
Wait, no contracts? That sounds risky!
AY
Ayesha 12 months ago
Totally agree, they should be long-term!
WI
Wilbert 1 year ago
Partnerships can last indefinitely if both parties agree.
EV
Eve 1 year ago
I think the correct answer is that partnerships don't have end dates, since there's no contract involved. That makes sense to me based on the information provided.
KA
Kassandra 1 year ago
The key here is that partnerships are long-term relationships. That suggests to me they don't have a defined end period, so I'll go with the true option.
YO
Yolande 1 year ago
Hmm, I'm a bit unsure about this one. I know partnerships involve significant investment, but I'm not sure if that means they don't have end dates.
IL
Iluminada 1 year ago
I'm pretty confident this is false - partnerships are contractual relationships, so they should have defined end dates.
SA
Samira 1 year ago
I think I read that partnerships involve significant investments, so they might not have defined end dates, but I'm not completely confident in that.
MA
Malcom 1 year ago
I feel like I encountered a similar question in practice where it mentioned that partnerships are based on mutual agreement, which could imply they can end.
MO
Mollie 1 year ago
I'm not so sure about that. I remember studying that partnerships can have exit strategies, so maybe they do have end dates?
GA
Gail 1 year ago
I think the statement is true because partnerships are often seen as long-term commitments without a specific end date.
DE
Devorah 1 year ago
Hmm, this seems like a tricky one. I'll need to carefully review the details of the question and think through the possible causes.
JU
Julio 1 year ago
This is a good test of my Essbase knowledge. I'm fairly certain that copying data and creating a block on an equation are also valid ways to create blocks in the underlying database. I'll select the answer that covers all those methods.
DO
Doretha 1 year ago
Partnerships are like a marriage - you want them to last, but you still need a way out if things go south. Option A is the way to go!
MI
Miss 1 year ago
I wonder if the exam writers were just trying to trip us up with these 'Yes' and 'No' answers. It's a good thing I read the question carefully!
DE
Detra 1 year ago
↳ replying to Miss
Definitely, paying attention to the details can make a big difference in exams.
ME
Merlyn 1 year ago
↳ replying to Miss
I agree, it's important to read the question carefully to avoid getting tripped up.
BE
Bettina 1 year ago
↳ replying to Miss
Partnership relationships are indeed long-term without a defined end period.
RU
Ruthann 1 year ago
↳ replying to Miss
Yes, that statement is TRUE.
VA
Vallie 1 year ago
Partnerships may involve significant investment, but that doesn't mean they have no end date. Option C is clearly wrong.
WI
William 1 year ago
↳ replying to Vallie
I think the statement is false, partnerships can come to an end.
BE
Berry 1 year ago
↳ replying to Vallie
Yes, partnerships can be long-term but still have a defined end period.
HO
Honey 1 year ago
↳ replying to Vallie
I agree, partnerships can have an end date despite being long-term.
RO
Romana 2 years ago
Wow, option D is just completely off base! How can a partnership not involve a contract? That's just nonsense.
AR
Armando 1 year ago
↳ replying to Romana
User 3: I think option B is the correct answer. Partnerships are contractual relationships with defined terms.
JO
Joseph 1 year ago
↳ replying to Romana
User 2: Definitely, partnerships need clear agreements in place to protect both parties.
KA
Karl 1 year ago
↳ replying to Romana
User 1: I agree, option D doesn't make sense. All partnerships should have a contract.
BE
Benton 2 years ago
I'm pretty sure partnerships have contractual end dates, so option B seems to be the correct answer here.
CR
Crista 1 year ago
↳ replying to Benton
True, partnerships usually have defined end periods as they are contractual.
CH
Chau 1 year ago
↳ replying to Benton
Partnerships can involve significant investment, but they still have end dates.
VI
Vivan 1 year ago
↳ replying to Benton
I agree, partnerships are usually contractual relationships.
VA
Val 1 year ago
↳ replying to Benton
I think partnerships do have end dates, so option B is correct.
IL
Ilda 1 year ago
↳ replying to Benton
But contracts are usually involved in partnerships, so they do have end dates.
LI
Lillian 1 year ago
↳ replying to Benton
Partnerships involve significant investment, so they may not have end dates.
RI
Rima 1 year ago
↳ replying to Benton
I agree, partnerships are contractual relationships.
LI
Lili 1 year ago
↳ replying to Benton
I think partnerships should have end dates for both parties.
CH
Chanel 2 years ago
I believe partnerships involve significant investment, so they should not have end dates.
BR
Brynn 2 years ago
I disagree, partnerships are long-term commitments.
SA
Salome 2 years ago
I think partnerships should have end dates for clarity.
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