{"id":95877,"date":"2025-01-11T01:41:52","date_gmt":"2025-01-11T01:41:52","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=95877"},"modified":"2025-01-11T01:41:52","modified_gmt":"2025-01-11T01:41:52","slug":"updated-l3m1-dumps-v9-02-offering-the-verified-l3m1-exam-questions-to-prepare-for-the-cips-procurement-and-supply-environments-certification-exam","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/updated-l3m1-dumps-v9-02-offering-the-verified-l3m1-exam-questions-to-prepare-for-the-cips-procurement-and-supply-environments-certification-exam.html","title":{"rendered":"Updated L3M1 Dumps (V9.02) &#8211; Offering the Verified L3M1 Exam Questions to Prepare for the CIPS Procurement and Supply Environments Certification Exam"},"content":{"rendered":"<p>Are you still looking for the proper study materials to prepare for the L3M1 Procurement and Supply Environments exam and earn the <a href=\"https:\/\/www.dumpsbase.com\/cips-level-3-advanced-certificate-in-procurement-and-supply-operations.html\"><em><strong>CIPS Level 3 Advanced Certificate in Procurement and Supply Operations qualification<\/strong><\/em><\/a>? Come to DumpsBase and choose the most updated L3M1 dumps. We have updated the L3M1 dumps to V9.02 with 98 practice exam questions and answers, which makes DumpsBase an ideal choice for passing the CIPS L3M1 exam with flying colors. These updated L3M1 exam questions have been verified by the professional team, and the answers have been checked also. This ensures that the updated L3M1 dumps (V9.02) are relevant to the Procurement and Supply Environments Exam and that the answers are accurate. This makes it easier for you to prepare for the L3M1 Procurement and Supply Environments Exam and increase your chances of success.<\/p>\n<h2><em><span style=\"background-color: #33cccc;\">Read L3M1 Free Dumps Below<\/span><\/em> to Verify the Updated L3M1 Dumps (V9.02):<\/h2>\n<script>\n\t  window.fbAsyncInit = function() {\n\t    FB.init({\n\t      appId            : '622169541470367',\n\t      autoLogAppEvents : true,\n\t      xfbml            : true,\n\t      version          : 'v3.1'\n\t    });\n\t  };\n\t\n\t  (function(d, s, id){\n\t     var js, fjs = d.getElementsByTagName(s)[0];\n\t     if (d.getElementById(id)) {return;}\n\t     js = d.createElement(s); js.id = id;\n\t     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n\t     fjs.parentNode.insertBefore(js, fjs);\n\t   }(document, 'script', 'facebook-jssdk'));\n\t<\/script><script type=\"text\/javascript\" >\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \nif(!window.jQuery) alert(\"The important jQuery library is not properly loaded in your site. Your WordPress theme is probably missing the essential wp_head() call. You can switch to another theme and you will see that the plugin works fine and this notice disappears. If you are still not sure what to do you can contact us for help.\");\n});\n<\/script>  \n  \n<div  id=\"watupro_quiz\" class=\"quiz-area single-page-quiz\">\n<p id=\"submittingExam8641\" style=\"display:none;text-align:center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\"><\/p>\n\n<div class=\"watupro-exam-description\" id=\"description-quiz-8641\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-8641\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-334529'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>The Equality Act in the UK was introduced in which year?<\/div><input type='hidden' name='question_id[]' id='qID_1' value='334529' \/><input type='hidden' id='answerType334529' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334529[]' id='answer-id-1308965' class='answer   answerof-334529 ' value='1308965'   \/><label for='answer-id-1308965' id='answer-label-1308965' class=' answer'><span>2019<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334529[]' id='answer-id-1308966' class='answer   answerof-334529 ' value='1308966'   \/><label for='answer-id-1308966' id='answer-label-1308966' class=' answer'><span>2001<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334529[]' id='answer-id-1308967' class='answer   answerof-334529 ' value='1308967'   \/><label for='answer-id-1308967' id='answer-label-1308967' class=' answer'><span>2010<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334529[]' id='answer-id-1308968' class='answer   answerof-334529 ' value='1308968'   \/><label for='answer-id-1308968' id='answer-label-1308968' class=' answer'><span>2011<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-2' style=';'><div id='questionWrap-2'  class='   watupro-question-id-334530'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>Sources of finance for a public sector entity are primarily (select one):<\/div><input type='hidden' name='question_id[]' id='qID_2' value='334530' \/><input type='hidden' id='answerType334530' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334530[]' id='answer-id-1308969' class='answer   answerof-334530 ' value='1308969'   \/><label for='answer-id-1308969' id='answer-label-1308969' class=' answer'><span>Sales revenues<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334530[]' id='answer-id-1308970' class='answer   answerof-334530 ' value='1308970'   \/><label for='answer-id-1308970' id='answer-label-1308970' class=' answer'><span>Taxpayers<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334530[]' id='answer-id-1308971' class='answer   answerof-334530 ' value='1308971'   \/><label for='answer-id-1308971' id='answer-label-1308971' class=' answer'><span>Long-term bank loans<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334530[]' id='answer-id-1308972' class='answer   answerof-334530 ' value='1308972'   \/><label for='answer-id-1308972' id='answer-label-1308972' class=' answer'><span>Delaying payments to suppliers<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-3' style=';'><div id='questionWrap-3'  class='   watupro-question-id-334531'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>Which of the following would be \/ should be subject to health and safety legislation?<\/div><input type='hidden' name='question_id[]' id='qID_3' value='334531' \/><input type='hidden' id='answerType334531' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334531[]' id='answer-id-1308973' class='answer   answerof-334531 ' value='1308973'   \/><label for='answer-id-1308973' id='answer-label-1308973' class=' answer'><span>All of them<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334531[]' id='answer-id-1308974' class='answer   answerof-334531 ' value='1308974'   \/><label for='answer-id-1308974' id='answer-label-1308974' class=' answer'><span>Smoking cigarettes inside offices, factories and other buildings<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334531[]' id='answer-id-1308975' class='answer   answerof-334531 ' value='1308975'   \/><label for='answer-id-1308975' id='answer-label-1308975' class=' answer'><span>The manual lifting of heavy objects<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334531[]' id='answer-id-1308976' class='answer   answerof-334531 ' value='1308976'   \/><label for='answer-id-1308976' id='answer-label-1308976' class=' answer'><span>Floors, passages and stairs should be properly constructed, maintained and kept clear<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334531[]' id='answer-id-1308977' class='answer   answerof-334531 ' value='1308977'   \/><label for='answer-id-1308977' id='answer-label-1308977' class=' answer'><span>The need for appropriate firefighting equipment in a factory<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-4' style=';'><div id='questionWrap-4'  class='   watupro-question-id-334532'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>The letters 'NFP' mean...<\/div><input type='hidden' name='question_id[]' id='qID_4' value='334532' \/><input type='hidden' id='answerType334532' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334532[]' id='answer-id-1308978' class='answer   answerof-334532 ' value='1308978'   \/><label for='answer-id-1308978' id='answer-label-1308978' class=' answer'><span>Newly focused (on) profit<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334532[]' id='answer-id-1308979' class='answer   answerof-334532 ' value='1308979'   \/><label for='answer-id-1308979' id='answer-label-1308979' class=' answer'><span>Not for procurement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334532[]' id='answer-id-1308980' class='answer   answerof-334532 ' value='1308980'   \/><label for='answer-id-1308980' id='answer-label-1308980' class=' answer'><span>Non-funded purchase<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334532[]' id='answer-id-1308981' class='answer   answerof-334532 ' value='1308981'   \/><label for='answer-id-1308981' id='answer-label-1308981' class=' answer'><span>Not-for-profit<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-5' style=';'><div id='questionWrap-5'  class='   watupro-question-id-334533'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>On a diagram of the Product Life Cycle, the x-axis shows:<\/div><input type='hidden' name='question_id[]' id='qID_5' value='334533' \/><input type='hidden' id='answerType334533' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334533[]' id='answer-id-1308982' class='answer   answerof-334533 ' value='1308982'   \/><label for='answer-id-1308982' id='answer-label-1308982' class=' answer'><span>Growth<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334533[]' id='answer-id-1308983' class='answer   answerof-334533 ' value='1308983'   \/><label for='answer-id-1308983' id='answer-label-1308983' class=' answer'><span>Time<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334533[]' id='answer-id-1308984' class='answer   answerof-334533 ' value='1308984'   \/><label for='answer-id-1308984' id='answer-label-1308984' class=' answer'><span>Decline<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334533[]' id='answer-id-1308985' class='answer   answerof-334533 ' value='1308985'   \/><label for='answer-id-1308985' id='answer-label-1308985' class=' answer'><span>Profit<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-6' style=';'><div id='questionWrap-6'  class='   watupro-question-id-334534'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>Doing the same with fewer resources is:<\/div><input type='hidden' name='question_id[]' id='qID_6' value='334534' \/><input type='hidden' id='answerType334534' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334534[]' id='answer-id-1308986' class='answer   answerof-334534 ' value='1308986'   \/><label for='answer-id-1308986' id='answer-label-1308986' class=' answer'><span>Efficiency<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334534[]' id='answer-id-1308987' class='answer   answerof-334534 ' value='1308987'   \/><label for='answer-id-1308987' id='answer-label-1308987' class=' answer'><span>Effectiveness<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334534[]' id='answer-id-1308988' class='answer   answerof-334534 ' value='1308988'   \/><label for='answer-id-1308988' id='answer-label-1308988' class=' answer'><span>Economy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334534[]' id='answer-id-1308989' class='answer   answerof-334534 ' value='1308989'   \/><label for='answer-id-1308989' id='answer-label-1308989' class=' answer'><span>Efficiency.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-7' style=';'><div id='questionWrap-7'  class='   watupro-question-id-334535'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>Thinking of Michael Porter\u2019s Industry Structure Analysis (commonly referred to as Five Forces Analysis), the content of the centre circle is about:<\/div><input type='hidden' name='question_id[]' id='qID_7' value='334535' \/><input type='hidden' id='answerType334535' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334535[]' id='answer-id-1308990' class='answer   answerof-334535 ' value='1308990'   \/><label for='answer-id-1308990' id='answer-label-1308990' class=' answer'><span>Governmental regulation of competition within an economy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334535[]' id='answer-id-1308991' class='answer   answerof-334535 ' value='1308991'   \/><label for='answer-id-1308991' id='answer-label-1308991' class=' answer'><span>Competitive rivalry within the industry<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334535[]' id='answer-id-1308992' class='answer   answerof-334535 ' value='1308992'   \/><label for='answer-id-1308992' id='answer-label-1308992' class=' answer'><span>Governmental interference in an industry<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334535[]' id='answer-id-1308993' class='answer   answerof-334535 ' value='1308993'   \/><label for='answer-id-1308993' id='answer-label-1308993' class=' answer'><span>Competitor price-cutting to increase market share<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-8' style=';'><div id='questionWrap-8'  class='   watupro-question-id-334536'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>As well as a Goods Received Note (GRN), three-way matching to authorise a payment to a supplier should involve two other documents. <br \/>\r<br>Which two?<\/div><input type='hidden' name='question_id[]' id='qID_8' value='334536' \/><input type='hidden' id='answerType334536' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334536[]' id='answer-id-1308994' class='answer   answerof-334536 ' value='1308994'   \/><label for='answer-id-1308994' id='answer-label-1308994' class=' answer'><span>Service Level Agreement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334536[]' id='answer-id-1308995' class='answer   answerof-334536 ' value='1308995'   \/><label for='answer-id-1308995' id='answer-label-1308995' class=' answer'><span>Invoice<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334536[]' id='answer-id-1308996' class='answer   answerof-334536 ' value='1308996'   \/><label for='answer-id-1308996' id='answer-label-1308996' class=' answer'><span>Purchase Order<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334536[]' id='answer-id-1308997' class='answer   answerof-334536 ' value='1308997'   \/><label for='answer-id-1308997' id='answer-label-1308997' class=' answer'><span>Bill of Materials<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-334537'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>'Trade within major trading blocs tends to expand, whereas this is not necessarily the case regarding trade between major trading blocs'. True or false?<\/div><input type='hidden' name='question_id[]' id='qID_9' value='334537' \/><input type='hidden' id='answerType334537' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334537[]' id='answer-id-1308998' class='answer   answerof-334537 ' value='1308998'   \/><label for='answer-id-1308998' id='answer-label-1308998' class=' answer'><span>True<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334537[]' id='answer-id-1308999' class='answer   answerof-334537 ' value='1308999'   \/><label for='answer-id-1308999' id='answer-label-1308999' class=' answer'><span>False<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-334538'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>Think carefully. <br \/>\r<br>There is low consumer demand; production capacity is unused; prices are stable or are falling; busi-ness profits are low; unemployment is high; and business confidence is low. Is this:<\/div><input type='hidden' name='question_id[]' id='qID_10' value='334538' \/><input type='hidden' id='answerType334538' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334538[]' id='answer-id-1309000' class='answer   answerof-334538 ' value='1309000'   \/><label for='answer-id-1309000' id='answer-label-1309000' class=' answer'><span>Recovery<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334538[]' id='answer-id-1309001' class='answer   answerof-334538 ' value='1309001'   \/><label for='answer-id-1309001' id='answer-label-1309001' class=' answer'><span>Recession<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334538[]' id='answer-id-1309002' class='answer   answerof-334538 ' value='1309002'   \/><label for='answer-id-1309002' id='answer-label-1309002' class=' answer'><span>Boom<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334538[]' id='answer-id-1309003' class='answer   answerof-334538 ' value='1309003'   \/><label for='answer-id-1309003' id='answer-label-1309003' class=' answer'><span>Depression<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-11' style=';'><div id='questionWrap-11'  class='   watupro-question-id-334539'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>\u2018The value of a commodity or service measured in terms of the standard monetary unit\u2019 describes:<\/div><input type='hidden' name='question_id[]' id='qID_11' value='334539' \/><input type='hidden' id='answerType334539' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334539[]' id='answer-id-1309004' class='answer   answerof-334539 ' value='1309004'   \/><label for='answer-id-1309004' id='answer-label-1309004' class=' answer'><span>Value for money<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334539[]' id='answer-id-1309005' class='answer   answerof-334539 ' value='1309005'   \/><label for='answer-id-1309005' id='answer-label-1309005' class=' answer'><span>Price<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334539[]' id='answer-id-1309006' class='answer   answerof-334539 ' value='1309006'   \/><label for='answer-id-1309006' id='answer-label-1309006' class=' answer'><span>Value added<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334539[]' id='answer-id-1309007' class='answer   answerof-334539 ' value='1309007'   \/><label for='answer-id-1309007' id='answer-label-1309007' class=' answer'><span>Cost<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-334540'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>Which of the following is least risky from the buyer\u2019s viewpoint?<\/div><input type='hidden' name='question_id[]' id='qID_12' value='334540' \/><input type='hidden' id='answerType334540' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334540[]' id='answer-id-1309008' class='answer   answerof-334540 ' value='1309008'   \/><label for='answer-id-1309008' id='answer-label-1309008' class=' answer'><span>Payment on delivery<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334540[]' id='answer-id-1309009' class='answer   answerof-334540 ' value='1309009'   \/><label for='answer-id-1309009' id='answer-label-1309009' class=' answer'><span>Payment of 50% at time of order; with balance to be paid 90 days after delivery<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334540[]' id='answer-id-1309010' class='answer   answerof-334540 ' value='1309010'   \/><label for='answer-id-1309010' id='answer-label-1309010' class=' answer'><span>Payment in full at time of order<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334540[]' id='answer-id-1309011' class='answer   answerof-334540 ' value='1309011'   \/><label for='answer-id-1309011' id='answer-label-1309011' class=' answer'><span>Payment 60 days after delivery<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-334541'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>A market situation where there is only one buyer in the marketplace is called:<\/div><input type='hidden' name='question_id[]' id='qID_13' value='334541' \/><input type='hidden' id='answerType334541' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334541[]' id='answer-id-1309012' class='answer   answerof-334541 ' value='1309012'   \/><label for='answer-id-1309012' id='answer-label-1309012' class=' answer'><span>Perfect competition<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334541[]' id='answer-id-1309013' class='answer   answerof-334541 ' value='1309013'   \/><label for='answer-id-1309013' id='answer-label-1309013' class=' answer'><span>Oligopoly<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334541[]' id='answer-id-1309014' class='answer   answerof-334541 ' value='1309014'   \/><label for='answer-id-1309014' id='answer-label-1309014' class=' answer'><span>Monopoly<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334541[]' id='answer-id-1309015' class='answer   answerof-334541 ' value='1309015'   \/><label for='answer-id-1309015' id='answer-label-1309015' class=' answer'><span>Monopsony<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-334542'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>'Shareholders are an example of stakeholders'. True or false?<\/div><input type='hidden' name='question_id[]' id='qID_14' value='334542' \/><input type='hidden' id='answerType334542' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334542[]' id='answer-id-1309016' class='answer   answerof-334542 ' value='1309016'   \/><label for='answer-id-1309016' id='answer-label-1309016' class=' answer'><span>True<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334542[]' id='answer-id-1309017' class='answer   answerof-334542 ' value='1309017'   \/><label for='answer-id-1309017' id='answer-label-1309017' class=' answer'><span>False<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-15' style=';'><div id='questionWrap-15'  class='   watupro-question-id-334543'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>A contract clause which entitles the buyer to hold back 5% of the final price for six months to en-sure everything is in order is known as a --------- clause:<\/div><input type='hidden' name='question_id[]' id='qID_15' value='334543' \/><input type='hidden' id='answerType334543' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334543[]' id='answer-id-1309018' class='answer   answerof-334543 ' value='1309018'   \/><label for='answer-id-1309018' id='answer-label-1309018' class=' answer'><span>Retention<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334543[]' id='answer-id-1309019' class='answer   answerof-334543 ' value='1309019'   \/><label for='answer-id-1309019' id='answer-label-1309019' class=' answer'><span>Redemption<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334543[]' id='answer-id-1309020' class='answer   answerof-334543 ' value='1309020'   \/><label for='answer-id-1309020' id='answer-label-1309020' class=' answer'><span>Intention<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334543[]' id='answer-id-1309021' class='answer   answerof-334543 ' value='1309021'   \/><label for='answer-id-1309021' id='answer-label-1309021' class=' answer'><span>Retainer<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-16' style=';'><div id='questionWrap-16'  class='   watupro-question-id-334544'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>Which one of the following is a commercial document issued by a seller seeking payment for goods or services?<\/div><input type='hidden' name='question_id[]' id='qID_16' value='334544' \/><input type='hidden' id='answerType334544' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334544[]' id='answer-id-1309022' class='answer   answerof-334544 ' value='1309022'   \/><label for='answer-id-1309022' id='answer-label-1309022' class=' answer'><span>Invoice<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334544[]' id='answer-id-1309023' class='answer   answerof-334544 ' value='1309023'   \/><label for='answer-id-1309023' id='answer-label-1309023' class=' answer'><span>Supplier quotation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334544[]' id='answer-id-1309024' class='answer   answerof-334544 ' value='1309024'   \/><label for='answer-id-1309024' id='answer-label-1309024' class=' answer'><span>Pre-qualification questionnaire<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334544[]' id='answer-id-1309025' class='answer   answerof-334544 ' value='1309025'   \/><label for='answer-id-1309025' id='answer-label-1309025' class=' answer'><span>Delivery note<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-17' style=';'><div id='questionWrap-17'  class='   watupro-question-id-334545'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>The total variety of life on Earth\u2019 is CIPS\u2019 definition of:<\/div><input type='hidden' name='question_id[]' id='qID_17' value='334545' \/><input type='hidden' id='answerType334545' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334545[]' id='answer-id-1309026' class='answer   answerof-334545 ' value='1309026'   \/><label for='answer-id-1309026' id='answer-label-1309026' class=' answer'><span>Depletion of renewables<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334545[]' id='answer-id-1309027' class='answer   answerof-334545 ' value='1309027'   \/><label for='answer-id-1309027' id='answer-label-1309027' class=' answer'><span>Biodiversity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334545[]' id='answer-id-1309028' class='answer   answerof-334545 ' value='1309028'   \/><label for='answer-id-1309028' id='answer-label-1309028' class=' answer'><span>The environment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334545[]' id='answer-id-1309029' class='answer   answerof-334545 ' value='1309029'   \/><label for='answer-id-1309029' id='answer-label-1309029' class=' answer'><span>Corporate Social Responsibility<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-18' style=';'><div id='questionWrap-18'  class='   watupro-question-id-334546'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>'Price' and 'payment terms' are the same thing. <br \/>\r<br>True or false?<\/div><input type='hidden' name='question_id[]' id='qID_18' value='334546' \/><input type='hidden' id='answerType334546' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334546[]' id='answer-id-1309030' class='answer   answerof-334546 ' value='1309030'   \/><label for='answer-id-1309030' id='answer-label-1309030' class=' answer'><span>False<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334546[]' id='answer-id-1309031' class='answer   answerof-334546 ' value='1309031'   \/><label for='answer-id-1309031' id='answer-label-1309031' class=' answer'><span>True<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-19' style=';'><div id='questionWrap-19'  class='   watupro-question-id-334547'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>\u2018The social responsibility of business is profit maximisation\u2019 - focusing on returns to shareholders. This is a famous business philosophy - in contrast to a philosophy of Corporate Social Responsibility as expounded by CIPS. <br \/>\r<br>Which economic and management thinker famously promoted this view?<\/div><input type='hidden' name='question_id[]' id='qID_19' value='334547' \/><input type='hidden' id='answerType334547' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334547[]' id='answer-id-1309032' class='answer   answerof-334547 ' value='1309032'   \/><label for='answer-id-1309032' id='answer-label-1309032' class=' answer'><span>John Milton<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334547[]' id='answer-id-1309033' class='answer   answerof-334547 ' value='1309033'   \/><label for='answer-id-1309033' id='answer-label-1309033' class=' answer'><span>Milton Friedman<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334547[]' id='answer-id-1309034' class='answer   answerof-334547 ' value='1309034'   \/><label for='answer-id-1309034' id='answer-label-1309034' class=' answer'><span>John Maynard Keynes<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334547[]' id='answer-id-1309035' class='answer   answerof-334547 ' value='1309035'   \/><label for='answer-id-1309035' id='answer-label-1309035' class=' answer'><span>Milton Keynes<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-20' style=';'><div id='questionWrap-20'  class='   watupro-question-id-334548'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>Which of the following might result from increased costs of production (especially wages) without increased demand, so that producers have to increase their prices to maintain profitability?<\/div><input type='hidden' name='question_id[]' id='qID_20' value='334548' \/><input type='hidden' id='answerType334548' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334548[]' id='answer-id-1309036' class='answer   answerof-334548 ' value='1309036'   \/><label for='answer-id-1309036' id='answer-label-1309036' class=' answer'><span>Demand-pull inflation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334548[]' id='answer-id-1309037' class='answer   answerof-334548 ' value='1309037'   \/><label for='answer-id-1309037' id='answer-label-1309037' class=' answer'><span>Cost-push inflation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334548[]' id='answer-id-1309038' class='answer   answerof-334548 ' value='1309038'   \/><label for='answer-id-1309038' id='answer-label-1309038' class=' answer'><span>Monetary inflation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334548[]' id='answer-id-1309039' class='answer   answerof-334548 ' value='1309039'   \/><label for='answer-id-1309039' id='answer-label-1309039' class=' answer'><span>Stagflation<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-21' style=';'><div id='questionWrap-21'  class='   watupro-question-id-334549'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>21. <\/span>The abbreviation \u2018SME\u2019 stands for \u2026<\/div><input type='hidden' name='question_id[]' id='qID_21' value='334549' \/><input type='hidden' id='answerType334549' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334549[]' id='answer-id-1309040' class='answer   answerof-334549 ' value='1309040'   \/><label for='answer-id-1309040' id='answer-label-1309040' class=' answer'><span>Small and medium-sized entity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334549[]' id='answer-id-1309041' class='answer   answerof-334549 ' value='1309041'   \/><label for='answer-id-1309041' id='answer-label-1309041' class=' answer'><span>Small and medium-sized enterprise<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334549[]' id='answer-id-1309042' class='answer   answerof-334549 ' value='1309042'   \/><label for='answer-id-1309042' id='answer-label-1309042' class=' answer'><span>Supply management enterprise<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334549[]' id='answer-id-1309043' class='answer   answerof-334549 ' value='1309043'   \/><label for='answer-id-1309043' id='answer-label-1309043' class=' answer'><span>Single-minded entrepreneur<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-22' style=';'><div id='questionWrap-22'  class='   watupro-question-id-334550'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>22. <\/span>In which one of the following sectors would you least expect to find seasonal unemployment:<\/div><input type='hidden' name='question_id[]' id='qID_22' value='334550' \/><input type='hidden' id='answerType334550' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334550[]' id='answer-id-1309044' class='answer   answerof-334550 ' value='1309044'   \/><label for='answer-id-1309044' id='answer-label-1309044' class=' answer'><span>Policing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334550[]' id='answer-id-1309045' class='answer   answerof-334550 ' value='1309045'   \/><label for='answer-id-1309045' id='answer-label-1309045' class=' answer'><span>Construction<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334550[]' id='answer-id-1309046' class='answer   answerof-334550 ' value='1309046'   \/><label for='answer-id-1309046' id='answer-label-1309046' class=' answer'><span>Agriculture<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334550[]' id='answer-id-1309047' class='answer   answerof-334550 ' value='1309047'   \/><label for='answer-id-1309047' id='answer-label-1309047' class=' answer'><span>Tourism<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-23' style=';'><div id='questionWrap-23'  class='   watupro-question-id-334551'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>23. <\/span>Fiscal policy deals with:<\/div><input type='hidden' name='question_id[]' id='qID_23' value='334551' \/><input type='hidden' id='answerType334551' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334551[]' id='answer-id-1309048' class='answer   answerof-334551 ' value='1309048'   \/><label for='answer-id-1309048' id='answer-label-1309048' class=' answer'><span>Government decisions and actions regarding the number of staff members employed in the government Treasury<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334551[]' id='answer-id-1309049' class='answer   answerof-334551 ' value='1309049'   \/><label for='answer-id-1309049' id='answer-label-1309049' class=' answer'><span>Government decisions and actions regarding the level of interest rates and supply of money in the economy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334551[]' id='answer-id-1309050' class='answer   answerof-334551 ' value='1309050'   \/><label for='answer-id-1309050' id='answer-label-1309050' class=' answer'><span>Government decisions and actions regarding the balance between taxation revenue and public expenditure<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334551[]' id='answer-id-1309051' class='answer   answerof-334551 ' value='1309051'   \/><label for='answer-id-1309051' id='answer-label-1309051' class=' answer'><span>Government decisions and actions regarding exchange rates and unemployment in the economy<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-24' style=';'><div id='questionWrap-24'  class='   watupro-question-id-334552'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>24. <\/span>Which of the following is likely to reduce 'capital growth'? Select all that apply.<\/div><input type='hidden' name='question_id[]' id='qID_24' value='334552' \/><input type='hidden' id='answerType334552' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334552[]' id='answer-id-1309052' class='answer   answerof-334552 ' value='1309052'   \/><label for='answer-id-1309052' id='answer-label-1309052' class=' answer'><span>Increased sales<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334552[]' id='answer-id-1309053' class='answer   answerof-334552 ' value='1309053'   \/><label for='answer-id-1309053' id='answer-label-1309053' class=' answer'><span>Payment of high salaries and large allowances to senior managers<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334552[]' id='answer-id-1309054' class='answer   answerof-334552 ' value='1309054'   \/><label for='answer-id-1309054' id='answer-label-1309054' class=' answer'><span>Payment of dividends<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334552[]' id='answer-id-1309055' class='answer   answerof-334552 ' value='1309055'   \/><label for='answer-id-1309055' id='answer-label-1309055' class=' answer'><span>Increased profit<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-25' style=';'><div id='questionWrap-25'  class='   watupro-question-id-334553'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>25. <\/span>\u2018The optimum combination of whole life costs and quality\u2019 is one definition of:<\/div><input type='hidden' name='question_id[]' id='qID_25' value='334553' \/><input type='hidden' id='answerType334553' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334553[]' id='answer-id-1309056' class='answer   answerof-334553 ' value='1309056'   \/><label for='answer-id-1309056' id='answer-label-1309056' class=' answer'><span>Quality circles<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334553[]' id='answer-id-1309057' class='answer   answerof-334553 ' value='1309057'   \/><label for='answer-id-1309057' id='answer-label-1309057' class=' answer'><span>Life cycle costing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334553[]' id='answer-id-1309058' class='answer   answerof-334553 ' value='1309058'   \/><label for='answer-id-1309058' id='answer-label-1309058' class=' answer'><span>Contractual agreement (in English law)<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334553[]' id='answer-id-1309059' class='answer   answerof-334553 ' value='1309059'   \/><label for='answer-id-1309059' id='answer-label-1309059' class=' answer'><span>Value for money<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-26' style=';'><div id='questionWrap-26'  class='   watupro-question-id-334554'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>26. <\/span>\u2018A - - - - - - - - is a price in which the supplier and buyer agree that the supplier can charge a price based on actual costs incurred, plus a margin for profit\u2019.<\/div><input type='hidden' name='question_id[]' id='qID_26' value='334554' \/><input type='hidden' id='answerType334554' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334554[]' id='answer-id-1309060' class='answer   answerof-334554 ' value='1309060'   \/><label for='answer-id-1309060' id='answer-label-1309060' class=' answer'><span>A whole life cost<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334554[]' id='answer-id-1309061' class='answer   answerof-334554 ' value='1309061'   \/><label for='answer-id-1309061' id='answer-label-1309061' class=' answer'><span>A target cost incentive price<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334554[]' id='answer-id-1309062' class='answer   answerof-334554 ' value='1309062'   \/><label for='answer-id-1309062' id='answer-label-1309062' class=' answer'><span>A fixed price<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334554[]' id='answer-id-1309063' class='answer   answerof-334554 ' value='1309063'   \/><label for='answer-id-1309063' id='answer-label-1309063' class=' answer'><span>A cost-based price<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-27' style=';'><div id='questionWrap-27'  class='   watupro-question-id-334555'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>27. <\/span>Because of the need for frequent or semi-frequent uses of competition, public sector buyers are less likely to find themselves in a close partnership arrangement with a supplier than private sector buyers. True or false?<\/div><input type='hidden' name='question_id[]' id='qID_27' value='334555' \/><input type='hidden' id='answerType334555' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334555[]' id='answer-id-1309064' class='answer   answerof-334555 ' value='1309064'   \/><label for='answer-id-1309064' id='answer-label-1309064' class=' answer'><span>False<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334555[]' id='answer-id-1309065' class='answer   answerof-334555 ' value='1309065'   \/><label for='answer-id-1309065' id='answer-label-1309065' class=' answer'><span>True<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-28' style=';'><div id='questionWrap-28'  class='   watupro-question-id-334556'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>28. <\/span>'Open tendering may impose a substantial administrative burden on the procurement function.' True or false?<\/div><input type='hidden' name='question_id[]' id='qID_28' value='334556' \/><input type='hidden' id='answerType334556' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334556[]' id='answer-id-1309066' class='answer   answerof-334556 ' value='1309066'   \/><label for='answer-id-1309066' id='answer-label-1309066' class=' answer'><span>True<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334556[]' id='answer-id-1309067' class='answer   answerof-334556 ' value='1309067'   \/><label for='answer-id-1309067' id='answer-label-1309067' class=' answer'><span>False<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-29' style=';'><div id='questionWrap-29'  class='   watupro-question-id-334557'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>29. <\/span>A 'mixed economy' is:<\/div><input type='hidden' name='question_id[]' id='qID_29' value='334557' \/><input type='hidden' id='answerType334557' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334557[]' id='answer-id-1309068' class='answer   answerof-334557 ' value='1309068'   \/><label for='answer-id-1309068' id='answer-label-1309068' class=' answer'><span>One which is confused<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334557[]' id='answer-id-1309069' class='answer   answerof-334557 ' value='1309069'   \/><label for='answer-id-1309069' id='answer-label-1309069' class=' answer'><span>One in which private and public sectors operate together<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334557[]' id='answer-id-1309070' class='answer   answerof-334557 ' value='1309070'   \/><label for='answer-id-1309070' id='answer-label-1309070' class=' answer'><span>A market economy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334557[]' id='answer-id-1309071' class='answer   answerof-334557 ' value='1309071'   \/><label for='answer-id-1309071' id='answer-label-1309071' class=' answer'><span>A centrally-planned economy<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-30' style=';'><div id='questionWrap-30'  class='   watupro-question-id-334558'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>30. <\/span>The Kyoto Agreement is about:<\/div><input type='hidden' name='question_id[]' id='qID_30' value='334558' \/><input type='hidden' id='answerType334558' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334558[]' id='answer-id-1309072' class='answer   answerof-334558 ' value='1309072'   \/><label for='answer-id-1309072' id='answer-label-1309072' class=' answer'><span>Shipping freight rates<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334558[]' id='answer-id-1309073' class='answer   answerof-334558 ' value='1309073'   \/><label for='answer-id-1309073' id='answer-label-1309073' class=' answer'><span>Climate change<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334558[]' id='answer-id-1309074' class='answer   answerof-334558 ' value='1309074'   \/><label for='answer-id-1309074' id='answer-label-1309074' class=' answer'><span>Whale protection<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334558[]' id='answer-id-1309075' class='answer   answerof-334558 ' value='1309075'   \/><label for='answer-id-1309075' id='answer-label-1309075' class=' answer'><span>Fishing rights<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-31' style=';'><div id='questionWrap-31'  class='   watupro-question-id-334559'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>31. <\/span>Which of the following are ways of classifying organisations? (select all that apply)<\/div><input type='hidden' name='question_id[]' id='qID_31' value='334559' \/><input type='hidden' id='answerType334559' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334559[]' id='answer-id-1309076' class='answer   answerof-334559 ' value='1309076'   \/><label for='answer-id-1309076' id='answer-label-1309076' class=' answer'><span>Activity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334559[]' id='answer-id-1309077' class='answer   answerof-334559 ' value='1309077'   \/><label for='answer-id-1309077' id='answer-label-1309077' class=' answer'><span>Size<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334559[]' id='answer-id-1309078' class='answer   answerof-334559 ' value='1309078'   \/><label for='answer-id-1309078' id='answer-label-1309078' class=' answer'><span>Primary objective<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334559[]' id='answer-id-1309079' class='answer   answerof-334559 ' value='1309079'   \/><label for='answer-id-1309079' id='answer-label-1309079' class=' answer'><span>Structure and ownership<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-32' style=';'><div id='questionWrap-32'  class='   watupro-question-id-334560'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>32. <\/span>The system by which organisations are directed and controlled, thinking about business ethics and stakeholder responsibility, and where Directors may be held to account, is called:<\/div><input type='hidden' name='question_id[]' id='qID_32' value='334560' \/><input type='hidden' id='answerType334560' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334560[]' id='answer-id-1309080' class='answer   answerof-334560 ' value='1309080'   \/><label for='answer-id-1309080' id='answer-label-1309080' class=' answer'><span>Corporate Identity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334560[]' id='answer-id-1309081' class='answer   answerof-334560 ' value='1309081'   \/><label for='answer-id-1309081' id='answer-label-1309081' class=' answer'><span>Corporate Social Responsibility<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334560[]' id='answer-id-1309082' class='answer   answerof-334560 ' value='1309082'   \/><label for='answer-id-1309082' id='answer-label-1309082' class=' answer'><span>Corporate Manslaughter<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334560[]' id='answer-id-1309083' class='answer   answerof-334560 ' value='1309083'   \/><label for='answer-id-1309083' id='answer-label-1309083' class=' answer'><span>Corporate Governance<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-33' style=';'><div id='questionWrap-33'  class='   watupro-question-id-334561'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>33. <\/span>In terms of interest rates, the \u2018base rate\u2019 is:<\/div><input type='hidden' name='question_id[]' id='qID_33' value='334561' \/><input type='hidden' id='answerType334561' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334561[]' id='answer-id-1309084' class='answer   answerof-334561 ' value='1309084'   \/><label for='answer-id-1309084' id='answer-label-1309084' class=' answer'><span>The interest rate set by government or the central bank of a country<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334561[]' id='answer-id-1309085' class='answer   answerof-334561 ' value='1309085'   \/><label for='answer-id-1309085' id='answer-label-1309085' class=' answer'><span>The interest rate stated within a contract of supply for late payments<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334561[]' id='answer-id-1309086' class='answer   answerof-334561 ' value='1309086'   \/><label for='answer-id-1309086' id='answer-label-1309086' class=' answer'><span>The interest rate payable on a loan for the procurement of a new instrument<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334561[]' id='answer-id-1309087' class='answer   answerof-334561 ' value='1309087'   \/><label for='answer-id-1309087' id='answer-label-1309087' class=' answer'><span>The interest rate used to calculate repayments on a credit card<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-34' style=';'><div id='questionWrap-34'  class='   watupro-question-id-334562'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>34. <\/span>Which of the following could be described as an organisation?<\/div><input type='hidden' name='question_id[]' id='qID_34' value='334562' \/><input type='hidden' id='answerType334562' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334562[]' id='answer-id-1309088' class='answer   answerof-334562 ' value='1309088'   \/><label for='answer-id-1309088' id='answer-label-1309088' class=' answer'><span>A local authority \/ local government<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334562[]' id='answer-id-1309089' class='answer   answerof-334562 ' value='1309089'   \/><label for='answer-id-1309089' id='answer-label-1309089' class=' answer'><span>A self-employed tutor of online education<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334562[]' id='answer-id-1309090' class='answer   answerof-334562 ' value='1309090'   \/><label for='answer-id-1309090' id='answer-label-1309090' class=' answer'><span>The University of Phoenix, Arizona<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334562[]' id='answer-id-1309091' class='answer   answerof-334562 ' value='1309091'   \/><label for='answer-id-1309091' id='answer-label-1309091' class=' answer'><span>A business such as Ethiopian Airlines<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-35' style=';'><div id='questionWrap-35'  class='   watupro-question-id-334563'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>35. <\/span>The primary objective of a private sector organisation is...<\/div><input type='hidden' name='question_id[]' id='qID_35' value='334563' \/><input type='hidden' id='answerType334563' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334563[]' id='answer-id-1309092' class='answer   answerof-334563 ' value='1309092'   \/><label for='answer-id-1309092' id='answer-label-1309092' class=' answer'><span>To boost national prestige<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334563[]' id='answer-id-1309093' class='answer   answerof-334563 ' value='1309093'   \/><label for='answer-id-1309093' id='answer-label-1309093' class=' answer'><span>To make profit<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334563[]' id='answer-id-1309094' class='answer   answerof-334563 ' value='1309094'   \/><label for='answer-id-1309094' id='answer-label-1309094' class=' answer'><span>To provide services<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334563[]' id='answer-id-1309095' class='answer   answerof-334563 ' value='1309095'   \/><label for='answer-id-1309095' id='answer-label-1309095' class=' answer'><span>To create jobs<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-36'>\n\t<div 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Come to DumpsBase and choose the most updated L3M1 dumps. 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