Question: Commodities Select all the right answers: Select one or more: a. Sensitive O b. Volatile O c. Lacking information d. Have a special trading system

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Commodities Select all the right answers: Select one or more: a. Sensitive O b. Volatile O c. Lacking information d. Have a special trading system O e Cheap Supplier certification has several potential benefits to an organization. Which one of the following is not an expected benefit? Select one: O a. Reduced inspection O b. Improved supplier competitiveness O c. Better information flows O d. Focus on internal certification activities Oe. All of the above are expected benefits. Pre-award conference is an important part of contract management since Select one: O a. This is the last time to make changes in the draft contract Ob. The negotiation teams and execution teams are different and not all the details are known by the negotiators O c. The legal team need to know all details before the contract signed O d. Insert extra requirements into the contract to improve quality Key Performance Indicators are used in supplier performance management Select one: O a. False O b. True Contract Management is more important than before since Select one: O a. Complex supply chains have been built Ob. "Large inventories are not available, lean and just in time deliveries Oc. Avoiding legal issues O d. Global suppliers

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