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CIPS Exam L4M6 Topic 7 Question 37 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 37
Topic #: 7
[All L4M6 Questions]

Francisco has entered a partnership with Pedro, who is a key supplier, and wants to ensure that the partnership achieves all of Francisco's goals. As well as qualitative and quantitative KPIs, what other measures could Francisco take to ensure the partnership is a success?

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Suggested Answer: B

The correct answer is 'Conduct regular audits'. This is explained on p.153. You wouldn't do an appraisal on a supplier in a partnership relationship as both parties are equal. Threatening a partner isn't good for the relationship and a damages clause would be used in a contractual relationship rather than a partnership.


by Gracie at Apr 23, 2024, 09:29 PM

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Tyra
6 months ago
I don't think threatening the supplier with termination is the best approach.
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Flo
7 months ago
Ensuring there is a damages clause in the contract would give Francisco some protection.
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Veronika
7 months ago
I agree, regular audits could also help in monitoring performance.
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Bulah
7 months ago
I think doing frequent appraisals on the supplier is a good idea.
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Leigha
8 months ago
We should also make sure there is a damages clause in the contract, just in case.
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Sena
8 months ago
I agree, it's important to have checks in place.
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Leigha
8 months ago
We could also conduct regular audits to ensure everything is in order.
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Sena
8 months ago
That sounds like a good idea to keep track of their performance.
upvoted 0 times
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Leigha
8 months ago
I think we should do frequent appraisals on the supplier.
upvoted 0 times
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