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Under a price adjustment agreement, which of the following would be supplier's justification for increasing unit price?
According to rule of contract formation, which of the following is a valid acceptance?
Southwark is negotiating a contract with Orchard to provide software and IT services. Orchard will manufacture and install the products which are contractually supplied by IBM. Southwark’s procurement manager is worried that during the contract there would be some problems that they would not able to claim for damages from Orchard. Which of the following should be included in the head contract so that Southward can sue IBM, should the need arise?
An organization has a normal tender process that often last 1 month from defining the needs to contract award. Manufacturing department suddenly required a new special part that they could not foresee within a month. Which of the following should be the priority actions of procurement manager in this urgent situation? Select TWO that apply:
A construction company is undertaking a housing development project. They need lots of bricks and other building materials, but the construction site doesn't have large area for storage of materials. Therefore, the company's suppliers must deliver the building materials with fixed quantity and at fixed time intervals. What type of contract is used between the construction company and its suppliers?
Consequences and actions that arise from certain KPI scores must be...? Select TWO that apply.
Which of the following is an agreement between service provider and user that quantifies the minimum quality of service?
Which of the following best defines an ‘express’ term in general contract arrangements?
Which of the following are reasons why a purchaser wants to embed a subcontracting clause into the main contract? Select TWO that apply:
According to mailbox rule in some common law countries, at which point the offeree's acceptance will be effective?
To check whether supplier actually complies with the labour standards set out in the contract, the purchaser should have...?
In order to monitor supplier’s performance, an organization decides to draft performance management frameworks. Which of the following are the components of a performance management framework? Select THREE that apply:
A senior buyer is preparing specification for the next purchase. He intends to embed social and environmental criteria that align with his organisation's overarching strategy. Which of the following provides the social and environmental objectives that an organisation pursues?
Which of the following KPIs is qualitative?
1. Openness and co-operation of supplier
2. Responsiveness of supplier
3. Customer satisfactory ratings
4. Cost management
5. OTIF deliveries
A company needs to source a product from oversea. It wants to overcome technical barrier to cross-border trade by using standards in the specification. Which of the following is most likely to be incorporated into that specification?
Which of the following are always included within a framework agreement? Select TWO that apply:
Which of the following are likely to be implied terms in a contract? Select TWO that apply:
If service level agreement is used as a schedule that makes up the contract, it will be most likely to be a part of...?
Which of the following are most likely to be liabilities of suppliers under a guarantee clause? Select A. TWO that apply
B. Repair
C. Decommissioning
D. Upgrading
E. Replacement
F. Installation
A service contract is going to be expired, which data source is good to create specifications for ITT?
1. Incumbent supplier
2. Maintenance services
3. Alternative supplier
4. User's knowledge
A procurement manager is setting KPIs measurement for user satisfaction. He also wants to encourage users to share the reason why they feel the way they do. Which of the following types of KPI should the procurement manager apply?
Which of the following are key features of standard terms and conditions? Select TWO that apply