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CIPS Exam L3M2 Topic 1 Question 11 Discussion

Actual exam question for CIPS's L3M2 exam

Question #: 11
Topic #: 1

[All L3M2 Questions]

You work as a buyer for a large international corporation. You are currently involved in negotiating a high-value contract, and one of the supplier's representatives offers to take you to a dog-racing event, with all expenses paid. The offer is open to the whole of your procurement team. What do you do?

ADecline

BAccept

Show Suggested Answer

Suggested Answer: B

Value engineering, like value analysis, but at the design stage, seeks to create at least as great an output, but with fewer components / inputs.

by Carolynn at May 23, 2024, 01:38 PM

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Jerry

9 days ago

Hmm, a free day at the races? Sounds tempting, but I guess I'll have to sit this one out. Wouldn't want to get caught chasing my tail.

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Shannon

12 days ago

Decline, no doubt. I don't want to end up in the dog house with the legal team.

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Leontine

15 days ago

Decline? Of course! We can't accept gifts or entertainment from suppliers. That's just asking for trouble.

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Irene

15 days ago

I agree with Jerilyn, accepting the offer could potentially benefit our negotiations in the long run.

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Jerilyn

16 days ago

I think I would accept, it could help build a better relationship with the supplier.

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Elli

18 days ago

I would decline the offer.

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