CIMA Exam CIMAPRO19-P03-1 Topic 7 Question 50 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam

Question #: 50
Topic #: 7

W plc is a large international supermarket chain. It has many thousands of suppliers and many thousands of others competing for "shelf space" in its supermarkets.

Which of the following would be appropriate provisions for W plc to include in its Ethical Code in relation to its suppliers?

AW plc shall not use its buying power unscrupulously.

BW plc shall endeavour to adhere to the terms of its contracts with its suppliers at all times.

CW plc shall keep confidential all information received from suppliers and potential suppliers.

DW plc shall continuously remind suppliers that it always has several alternative suppliers to choose from.

EW plc shall endeavour to take as high a percentage of each supplier's output as possible.

FW plc shall insist on an exclusivity agreement with each supplier so that identical products are not available from other outlets.

Show Suggested Answer

Suggested Answer: A, B, D

by Rima at May 27, 2023, 05:44 AM

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Aleisha

3 days ago

Option C is also important. Protecting supplier confidentiality shows respect and builds trust in the relationship.

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Quentin

9 days ago

I believe option B is also crucial to maintain good relationships with suppliers.

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Nan

10 days ago

I agree with you, Alisha. Using buying power unscrupulously is not ethical.

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Alisha

11 days ago

I think option A is important for ethical business practices.

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Xuan

17 days ago

I agree with Tiffiny. Maintaining ethical business practices and ensuring fair treatment of suppliers is crucial for W plc.

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Mertie

18 days ago

I believe option C is essential to protect sensitive information and maintain good relationships with suppliers.

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Tiffiny

18 days ago

Option A seems like the most appropriate provision to include. W plc should be mindful of its buying power and avoid exploiting suppliers unfairly.

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Verona

19 days ago

I agree with you, Jade. Option B is also crucial to maintain trust and reliability with suppliers.

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Jade

25 days ago

I think option A is important to ensure fair treatment of suppliers.

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