SCM-LO4

Which of the following is not a part of relationship in contract

• Relationship with suppliers

• Effective services delivery

• legal formalities in arbitration

• Value for Money

In the following phase of relationship management company "evaluates" the suppliers

• Pre-award conference

• Motivation

• Collaboration

• Value Analysis

In the following components of a contract management "Flexibility" is given more prominence

• Variation

• Contract Management Plan

• Supplier Relationship Management

• Transactional Management

In the following step of Supplier development process suppliers are re-oriented on learning curves

• Supplier Selection

• Approved supplier list

• Supplier training & development

• Supplier Management

The following is "not" a supplier development enabler

• Training & development

• Inadequate monitoring

• better Technology

• Social performance

In the following supply chain Management ethics monetary contraction happens for the employees

• Anti bribery

• eradication of child labour

• Appropriate Pay

• Humane treatment

Following grey area is concerned with "purchase of supplies"

• Cost cutting

• Semi-quality goods

• Un-ethical supply chain hiring

• Misleading information

In the following dispute resolution in legal considerations parties sit on table to solve the issue

• Arbitration

• Negotiation

• Litigation

• Mediation

In Arbitration the third person is appointed by the following

• Conflicting parties

• Lawyers of the Conflicting parties

• Independent board

• Group of Judges

Following statement is True or False

"Litigation is a legal battle between both the party outside the court room"

• True

• False