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CIPS Exam L4M6 Topic 7 Question 37 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 37
Topic #: 7
[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 Gracie at Apr 23, 2024, 09:29 PM

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Leigha
22 hours ago
We should also make sure there is a damages clause in the contract, just in case.
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Sena
2 days ago
I agree, it's important to have checks in place.
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Leigha
3 days ago
We could also conduct regular audits to ensure everything is in order.
upvoted 0 times
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Sena
4 days ago
That sounds like a good idea to keep track of their performance.
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Leigha
5 days ago
I think we should do frequent appraisals on the supplier.
upvoted 0 times
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