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Under what circumstances should a competitive tender not be completed? Select TWO.
Suggested Answer: B
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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.
34 comments · newest first
LA
Larae
11 months ago
Agree, no tender needed when specs are clear. Saves time!
BU
Buddy
11 months ago
Wait, are we really skipping tenders for low value stuff? Seems risky!
JE
Jess
12 months ago
High value items should always go through a tender process, right?
JA
Jacinta
12 months ago
I think low value items don’t need a tender either.
VI
Viola
1 year ago
Definitely not needed when there’s a clear specification.
MA
Marleen
1 year ago
I thought high-value items always required a tender, but maybe there are exceptions? I need to think this through.
WY
Wynell
1 year ago
I feel like we practiced a question similar to this, and I think it was about not tendering when specifications are unclear.
JE
Jeannetta
1 year ago
I remember discussing that low-value items might not need a tender process, but I can't recall if that's definitely one of the answers.
RO
Ronny
1 year ago
I think a competitive tender shouldn't be completed when there isn't a clear specification, but I'm not sure about the other option.
MI
Miriam
1 year ago
This question is testing our understanding of when a competitive tender process is appropriate. I'll carefully weigh the options.
GR
Gracia
1 year ago
I'm confident I know the right answer, but I'll double-check my reasoning before submitting.
GR
Gracia
1 year ago
Okay, I think I've got it. The high-value and unclear specification options seem like the two most relevant choices here.
CA
Candida
1 year ago
Hmm, I'm a bit unsure about this one. I'll need to think through the circumstances where a competitive tender might not be necessary.
GL
Glory
1 year ago
This seems like a straightforward question, but I want to make sure I understand the key factors to consider.
DU
Dusti
1 year ago
Hmm, this looks like a tricky one. I'll need to carefully review the exhibit and the options to figure out what the issue could be.
AB
Abel
1 year ago
Okay, I've got a plan. I'll focus on the key requirements - unique accounts payable parameters and consolidated financial results. I think Legal Entities or Business Units are the most likely options to meet those needs.
AD
Adolph
1 year ago
I think trade payables are usually a source of finance, so maybe option C is the one that's false?
WE
Wei
1 year ago
Hmm, this looks like a tricky one. I'll need to think carefully about the different options and try to eliminate the ones that don't seem relevant.
BE
Beula
2 years ago
Hmm, let's see. When the items are of high value, you definitely want a competitive tender. And when there's no clear spec, you definitely want a competitive tender. So I guess the answer is C and D - do the opposite of what makes sense!
MA
Marge
1 year ago
That's right, having clear specifications is crucial for a competitive tender process.
KI
Kiera
1 year ago
Exactly, you want to ensure fair competition for high-value items.
LE
Leota
1 year ago
D) When there is not a clear specification
MO
Moon
1 year ago
A) When the items are of high value
PE
Penney
2 years ago
Okay, let's think this through. A competitive tender is all about getting the best value, right? So it's gotta be B and D. High-value items need the competition, and unclear specs mean you need that bidding process.
FR
Frankie
1 year ago
Yes, and unclear specifications can lead to confusion and potential issues, so it's important to have a bidding process in place.
TH
Theron
2 years ago
I agree, high-value items definitely need that competitive tender process.
DA
Darci
2 years ago
Hah, this is a tricky one. Somebody's trying to trick us, I bet. I'll go with D and B, just to be safe.
CA
Carolynn
2 years ago
I'm pretty sure the clear specification is the key here. Why would you not want a competitive tender when you have a clear idea of what you need?
MA
Magnolia
2 years ago
D) When there is not a clear specification
WE
Wenona
2 years ago
A) When the items are of high value
VE
Venita
2 years ago
A and D? That's a tough one. I guess they want us to go with the options that make the least sense for a competitive tender.
AL
Alona
2 years ago
But what about when there is not a clear specification? Shouldn't that also be a reason to not complete a competitive tender?
RA
Rasheeda
2 years ago
I agree with Hershel. It makes sense to not go through a competitive tender process for high-value items.
HE
Hershel
2 years ago
I think a competitive tender should not be completed when the items are of high value.