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NEW QUESTION 25
When outsourcing, which legislation details the rights of employees who may find themselves now working for the outsourcing company?

A. ITTB. PCR 2015C. OJEUD. TUPE

Answer: D

Explanation:
The correct answer is TUPE: Transfer of Undertakings (Protection of Employment). Details on TUPE can be found on p.115

 

NEW QUESTION 26
What are service credits?

A. A type of payment where goods are delivered before payment is madeB. A clause in a contract that allows for additional bonus payments for meeting KPIsC. A mechanism for performance management where the buyer has the right to deduct money from payments owed for under performanceD. When a buyer makes a purchase on credit

Answer: C

Explanation:
The correct answer is "A mechanism for performance management where the buyer has the right to deduct money from payments owed for under performance". A definition is provided on p.113 and states "If a supplier fails to meet the standard set in the service credits, the buyer has the right to deduct set amounts of money from payments owed to the supplier"

 

NEW QUESTION 27
Partnership relationships are long-term relationships without a defined end period. Is this statement TRUE?

A. No- partnerships should have end dates so both parties have a way out if things don't work outB. Yes- partnerships do not have end dates because there is never a contract involvedC. No- partnerships have end dates as they are contractual relationshipsD. Yes-partnerships do not have end dates because they involve significant investment

Answer: D

Explanation:
The correct answer is 'Yes-partnerships do not have end dates because they involve significant investment'. This is explained on p.126. Partnerships can involve contracts - so the other 'yes' answer is incorrect.

 

NEW QUESTION 28
Which of the following are not a valid reasons to terminate a relationship with a supplier? Select TWO.

A. The supplier becomes insolventB. Supply base rationalisationC. The supplier made one late deliveryD. The supplier suddenly increases pricesE. The supplier has a change in senior management

Answer: C,E

Explanation:
Two invalid reasons are; one late delivery and a change in senior management. Valid reasons to terminate a relationship are listed on p.107 and include the three listed here, as well as a material breach, damage to reputation and the supplier merges or is acquired by another company.

 

NEW QUESTION 29
Which of the following are NOT one of the four key principles of procurement in the EU?

A. ProportionalityB. TransparencyC. Value for MoneyD. Non-Discrimination

Answer: C

Explanation:
Value for money is not a principle of EU procurement. The four key principles are; transparency, non-discrimination, proportionality and equality of treatment. The principles are basically about ensuring the procurement process is fair. See p.75

 

NEW QUESTION 30
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