CIPS Exam A7 Topic 1 Question 60 Discussion

Actual exam question for CIPS's A7 exam

Question #: 60
Topic #: 1

[All A7 Questions]

Which of the following is the main objective of vendor rating?

ATo provide a measurement of performance of a contract

BTo make sure that the lowest possible cost is achieved

CTo reduce risk to both parties

DTo achieve the highest possible quality.

Show Suggested Answer

Suggested Answer: B

by Franchesca at May 29, 2024, 10:37 PM

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Fannie

12 months ago

As an aspiring automotive engineer, I'd say this is the kind of statement that really gets my engine revving!

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Sean

11 months ago

C) A vision statement

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Abel

11 months ago

A) A mission statement

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Dustin

1 years ago

Hmm, I'm going with A) a mission statement. It's all about the purpose and direction of the organization.

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Jeniffer

11 months ago

Yeah, it's like the roadmap for where the organization is headed.

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Shaun

11 months ago

I agree, a mission statement sets the tone for the company's goals.

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Aaron

1 years ago

This is a tough one, but I'd say it's C) a vision statement. Paints a picture of the company's aspirations and identity.

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Arlette

11 months ago

I see your point, but I still think it fits best as C) a vision statement. It sets the direction for the company's future.

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Joana

12 months ago

I agree with you, it sounds more like D) a value statement. It reflects the company's core beliefs and priorities.

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Matthew

12 months ago

I think it's A) a mission statement. It outlines the company's purpose and goals.

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Raylene

1 years ago

I think it's B) a statement of guiding principles. Talks about the core values that drive the company forward.

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Barabara

11 months ago

C) A vision statement

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Walker

12 months ago

B) A statement of guiding principles

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Lavonne

12 months ago

A) A mission statement

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Adelle

1 years ago

D) Definitely a value statement. Highlighting the importance of the employees and their role in the company's success.

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Samira

11 months ago

C) A vision statement

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Valentine

12 months ago

B) A statement of guiding principles

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Tiara

12 months ago

A) A mission statement

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Dorathy

12 months ago

C) A vision statement

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Cherilyn

12 months ago

B) A statement of guiding principles

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Brittney

1 years ago

A) A mission statement

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Zona

1 years ago

I agree with German. The statement emphasizes the importance of people in achieving the company's goals.

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German

1 years ago

I think the answer is A) A mission statement.

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