Which of the following are benefits to sustainable business practices? Select TWO
Which of the following are benefits to sustainable business practices? Select TWOA . increased productivity and reduced waste B. competitive advantage C. weakened performance D. increased spendingView AnswerAnswer: A,B Explanation: The two benefits are increased productivity and reduced waste and competitive advantage. The other two options are potential downsides. These...
Which of the following is not considered to be an alternative form of dispute resolution?
Which of the following is not considered to be an alternative form of dispute resolution?A . mediation B. adjudication C. conciliation D. litigationView AnswerAnswer: D Explanation: Litigation isn't an alternative form of dispute resolution. The others are- they're alternatives TO litigation. P.128
Charlie is 13 years old and sometimes helps his parents in the corner shop that they run. He helps out stocking shelves at weekends. Charlie attends school and completes his homework during weekdays. Is this an example of Child Labour?
Charlie is 13 years old and sometimes helps his parents in the corner shop that they run. He helps out stocking shelves at weekends. Charlie attends school and completes his homework during weekdays. Is this an example of Child Labour?A . yes- any work done by a person under the...
Which of these is a legitimate motive for this?
Jan is a procurement manager and is exploring the option of Low Cost Country Sourcing. Which of these is a legitimate motive for this?A . to exploit other countries natural resources B. to avoid stringent restrictions in your own country C. to get free holidays D. to reduce operational expensesView...
Which of the following are principles of the Wine and Agricultural Ethical Trade Association (WIETA)? Select THREE
Which of the following are principles of the Wine and Agricultural Ethical Trade Association (WIETA)? Select THREEA . prohibition of forced labour B. working hours shall not be excessive C. regular employment to be provided D. a working environment free from risk E. automatic sick payView AnswerAnswer: A,B,C Explanation: 1...
What is the disadvantage of using subcontractors for this work?
Samir is the Project Manager of a large construction project. Due to the complexity of the build, the main contractor has employed further specialist companies to provide electrical wiring and fire doors. What is the disadvantage of using subcontractors for this work?A . increased costs B. lower quality of work...
Which of the following would be considered a cost driver?
There are many different drivers of globalisation. Which of the following would be considered a cost driver?A . improvements in transport technology B. to increase value for stakeholders C. trading rules abroad less stringent D. opportunity to build economies of scaleView AnswerAnswer: D Explanation: Economies of scale is a cost...
In terms of sustainability, why might he have made this choice?
Ruben is a new Procurement Manager at XYZ Company. He has been charged with buying a new piece of machinery for a factory. Having looked at several options, and considered sustainability, he has opted to buy the more expensive piece of machinery. In terms of sustainability, why might he have...
The JCT Contract is used most commonly by which industry?
The JCT Contract is used most commonly by which industry?A . finance B. agriculture C. services D. constructionView AnswerAnswer: D Explanation: It is commonly used in Construction. This is mentioned on p.127. JCT produces standard forms of contracts used in the Construction Industry.
Which of the following statements is TRUE about the adjudication form of dispute resolution? Select TWO
Which of the following statements is TRUE about the adjudication form of dispute resolution? Select TWOA . it is an informal process B. it is quicker than going through the courts C. a decision must be made within 28 days D. the decision cannot be legally bindingView AnswerAnswer: B,C Explanation:...