3.26 3.27 3.28 3.29 3.30 3.31 3.32 An organisation may include the use of which of the following in its defined social outcomes... a. ethical codes of conduct b. local labour c. environmental scanning d. international labour laws The stage of the procurement cycle when procurement can add most value is at the point when the business is.... a. setting out and defining their needs b. ready to source the market c. selecting the right supplier d. starting final negotiation with a short listed vendor A supplier appraisal should take place....... a. before any orders are placed b. after the goods have been delivered but prior to paying the invoice c. when liquidated damages are included in the contract d. at the end of the financial year A Corporate Code of Ethics is used to... a. demonstrate organisational commitment to reinforcing ethical values across all procurement and supply practices b. enforce ethical behaviours in the organisation c. hold employees responsible for unethical behaviour d. comply with international law A buyer has a uncle member working for a potential supplier. This is an example of a... a. conflict of interests b. valued adding opportunity c. breach of ethics d. way to drive down costs Surveying the market is the initial element of... a. supplier sourcing b. customer sourcing c. price fixing d. value analysis A supplier is deemed to have breached the customer's ethical code. The buyer should... a. have a quiet word with his supplier contact b. make a note on the suppliers file for future reference c. nothing this is outside of the customer's authority d. escalate to a senior manager in their organisation immediately to maintain business integrity