Which of the incoterms listed are suitable for transporting goods via train?
In which circumstances would a procurement manager effectively use competitive tendering for the award of contracts?
A balance sheet will show a company's assets, liabilities and shareholder equity. What is share-holder equity?
Dylan is looking to appoint a new supplier of paint to his manufacturing business. The paint will be used to paint buses and taxis and therefore needs to be high quality and durable. Which of the following should Dylan look for in terms of quality management when appraising the suppliers?
What is the best way to demonstrate that your organisation does not tolerate bribery and corruption?
Other than price, what should a buyer consider when evaluating supplier quotations?
Lead times
Add-on costs
Wastage rates
Past performance
Which of the following are remedial actions that may be undertaken by the purchasing organisation following a supplier audit? Select the TWO that apply.
Incoterms are divided into four main groups to follow the movement of goods covering the exporter’s premises, export and import points, and cost and risk. Which letters represent the four groups of Incoterms?