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Exam Code: L4M6
Exam Questions: 524
Supplier Relationships
Updated: 26 Feb, 2026
Viewing Page : 1 - 53
Practicing : 1 - 5 of 524 Questions
Question 1

Letter 'E' in STEEPLE stands for...? Select THREE that apply.

Options :
Answer: A,D

Question 2

A hospital awarded a contract to an IT consultancy to build and maintain their payroll and patient information systems. After a successful implementation, problems started to appear, with poor maintenance and accuracy of information, and slow response times from the supplier. After repeated problems, the decision to terminate the contract was agreed. Which of the following would be the priority legal concern for the hospital?

Options :
Answer: B

Question 3

GS Ltd. is a major tobacco company in the US. Recently, the government agency has imposed strict new rules calling for a reduction in the nicotine levels in cigarettes. In addition, younger generations give up on the smoking habit due to higher awareness of health impact. GS is mostly impacted by which macro factors? Select TWO that apply

Options :
Answer: A,C

Question 4

Jeffrey is a category manager in charge of electronic components at LM Ltd, a leading manufacturer in aerospace industry. The company is sourcing more than 22,000 electronic components from 240 suppliers. These components are largely standardised and technically simple. The design and prices tendered by the suppliers are almost the same. Jeffrey suggests that the company should cut down the number of suppliers and source the components from the most potential supplier only. Is his suggestion appropriate?

Options :
Answer: B

Question 5

Partnership should be formed with limited number of suppliers. Which of the following is the tool that assists a buyer in identifying suitable suppliers for developing a partnership relationship?1. Whole life costing (WLC)2. Kraljic's matrix3. RAQSCI model4. Supplier preferencing model 

Options :
Answer: D

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