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CIPS L4M6 Exam - Topic 3 Question 4 Discussion

Francisco has entered a partnership with Pedro, who is a key supplier, and wants to ensure that the partnership achieves all of Francisco's goals. As well as qualitative and quantitative KPIs, what other measures could Francisco take to ensure the partnership is a success?
B) Conduct regular audits
A) Do frequent appraisals on the supplier
C) Ensure there is a damages clause in the contract
D) Threaten the supplier with termination if he underperforms

CIPS L4M6 Exam - Topic 3 Question 4 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 4
Topic #: 3
[All L4M6 Questions]

Francisco has entered a partnership with Pedro, who is a key supplier, and wants to ensure that the partnership achieves all of Francisco's goals. As well as qualitative and quantitative KPIs, what other measures could Francisco take to ensure the partnership is a success?

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Suggested Answer: B

The correct answer is 'Conduct regular audits'. This is explained on p.153. You wouldn't do an appraisal on a supplier in a partnership relationship as both parties are equal. Threatening a partner isn't good for the relationship and a damages clause would be used in a contractual relationship rather than a partnership.


by Paz at Jun 22, 2022, 10:45 AM

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Ceola
11 months ago
Frequent appraisals help build trust too.
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Michal
11 months ago
Totally agree with having a damages clause!
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Maile
11 months ago
Wait, threatening the supplier? That seems risky.
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Jacki
12 months ago
I think appraisals are more effective.
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Louvenia
12 months ago
Regular audits are a must!
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Chau
12 months ago
Threatening termination (option D) seems extreme; I think fostering a positive relationship is more important than using threats.
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Asha
12 months ago
I feel like having a damages clause in the contract (option C) could protect Francisco, but I'm not sure if it's the best measure for success.
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Caprice
12 months ago
I'm not entirely sure, but I think conducting regular audits could help maintain accountability, which might align with option B.
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Dorothy
1 year ago
I remember we discussed the importance of regular appraisals in partnerships, so option A seems like a good choice.
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Flo
1 year ago
Okay, I think I've got this. I'll create the new Project Site, make sure the details match what's in the question, and then select the appropriate option from the choices provided.
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Bette
1 year ago
Okay, let's see here. I think the key is to set up the server-side properties and enable the package server service. The client-side steps seem more straightforward.
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