Which of the following is the most appropriate pricing arrangement in contracts where major inputs are commodities?
A. Cost reimbursable pricing arrangement
B. Standard schedule of rates
C. Price adjustment mechanism
D. Fixed pricing arrangement
正解:C
解説: (Pass4Test メンバーにのみ表示されます)
質問 2:
When prices of input materials increase, supply curve shifts to the left while demand remains stable. The shift of supply will tend to cause which of the following?
A. An increase in the equilibrium price and quantity
B. A decrease in the equilibrium price and quantity
C. An increase in the equilibrium price and a decrease in the equilibrium quantity
D. A decrease in the equilibrium price and an increase in the equilibrium quantity
正解:C
解説: (Pass4Test メンバーにのみ表示されます)
質問 3:
IHL has been supplying to XYZ Ltd for months. XYZ Ltd procurement manager Diana realises that the IHL's input prices are dropping and this is a good time to re-negotiate the price of the contract. She invites IHL representative to XYZ headquarter to make a bargain on the current price. At the opening stage of the negotiation, Diana requests a 10% reduction in price with an increase in volume purchased.
Is Diana's action appropriate in the opening phase?
A. Yes, because the negotiation should be done as quick as possible
B. No, because Diana has put the markers down too soon
C. No, because Diana should state exactly the increasing quantity
D. Yes, because Diana's proposal is a fair trade for both parties
正解:B
解説: (Pass4Test メンバーにのみ表示されます)
質問 4:
An oil refinery plant imports much of its crude oil from overseas. A procurement manager in the refinery suggests that fixing the crude oil contract price for 36 months would be beneficial for the company. Would this be a right thing to do?
A. No, fixed price should be only applied to contracts that last 60 months or longer
B. Yes, financial budgeting task would be a lot easier with fixed pricing arrangement
C. Yes, the supplier would bear the risk when the material price increased
D. No, the refinery would not be able to reap the benefits from falling commodity price and currency rates
正解:D
解説: (Pass4Test メンバーにのみ表示されます)
質問 5:
To buying organisation, savings can be achieved from different saving levers or tactics. Which of the following are means that deliver savings through optimising specifications?
A. Volume pooling
B. Budget linkages
C. Part substitution
D. Compare total cost of ownership
E. Value engineering
正解:C,E
解説: (Pass4Test メンバーにのみ表示されます)
Umemiya -
出題範囲を100%カバーしている。Pass4TestのL4M5は最強。友達にも勧めました。