Which of the following are primary sources of data? Select TWO.

Which of the following are primary sources of data? Select TWO.A . market reasearch commissioned by a rival companyB . economic indices such as PPI or CPIC . published price listsD . trade fairs and exibitsE . phone calls with current suppliersView AnswerAnswer: D, E Explanation: Primary data includes trade...

September 18, 2024 No Comments READ MORE +

Which of the following is considered as part of ESG?

Which of the following is considered as part of ESG?A . bribery, corruption and the environmentB . market conditions and product lifecycleC . liquidity, gearing and profitabilityD . economic and social governanceView AnswerAnswer: B Explanation: The correct answer is bribery, corruption and the environment. ESG stands for environmental and social...

September 18, 2024 No Comments READ MORE +

What is share-holder equity?

A balance sheet will show a company's assets, liabilities and shareholder equity. What is share-holder equity?A . the profit from sales once tax has been deductedB . the amount of money held in the company's bank accountC . the owners' residual claim once all debt has been paidD . the...

September 16, 2024 No Comments READ MORE +

Is this statement true?

The Freedom of Information Act is a piece of UK legislation which allows members of the public to request information on issues such as public sector sourcing. When a request is made, it is compulsory for the public sector to provide this information to the public. Is this statement true?A...

September 15, 2024 No Comments READ MORE +

What would this suggest?

Kiran is appraising some potential suppliers and has noticed that one of these suppliers has an extremely high gearing ratio. What would this suggest?A . the supplier is extremely profitableB . the supplier has a lot of long-term debtC . the supplier has a high cost of salesD . the...

September 14, 2024 No Comments READ MORE +

A company's balance sheet will show you which of the following?

A company's balance sheet will show you which of the following?A . revenue, profit and expensesB . equity, assets and liabilitiesC . cash coming in and out of the businessD . profit, loss and assetsView AnswerAnswer: B Explanation: a balance sheet shows 'equity, assets and liabilities'. The other financial statements...

September 13, 2024 No Comments READ MORE +

Which of the following areas of legislative and regulatory requirements prevent the deliberate limiting of supply and the formation of cartels?

Which of the following areas of legislative and regulatory requirements prevent the deliberate limiting of supply and the formation of cartels?A . data protectionB . product safety standardsC . marketplace competitionD . ethical practiceView AnswerAnswer: B Explanation: the correct answer is 'marketplace competition'. Ethical practice is about prohibiting corrupt and...

September 12, 2024 No Comments READ MORE +

Which type of sourcing arrangement has Ramesh began?

Ramesh is a procurement manager who is looking at his supplier base. He is pursuing a sourcing strategy with the aim of enabling logistical cost reductions. He has made the decision to scale-down his supplier base and purchase from one supplier. Which type of sourcing arrangement has Ramesh began?A ....

September 12, 2024 No Comments READ MORE +

Which of the following could these be?

When looking at credit scores, a supplier may be classified as a high risk for reasons that are not linked to poor credit. Which of the following could these be? Select TWOA . The organisation is newB . The organisation has no loans or credit cardsC . The organisation has...

September 10, 2024 No Comments READ MORE +

A company has a low gearing of 20%. This shows that the company relies on equity capital and should therefore have less difficulty coping during tough economic times. Is this statement TRUE?

A company has a low gearing of 20%. This shows that the company relies on equity capital and should therefore have less difficulty coping during tough economic times. Is this statement TRUE?A . Yes- a low gearing ratio means the company's finances are made up of equity rather than debtB...

September 9, 2024 No Comments READ MORE +