CIPS Exam A7 Topic 1 Question 62 Discussion

Actual exam question for CIPS's A7 exam

Question #: 62
Topic #: 1

When conducting a supplier appraisal on a potential supplier of a strategic item, which of the following gives the best indication as to the continuity of supply?

AFinancial profitability

BFinancial liquidity

CTechnical and commercial innovation

DPersuasive selling techniques.

Show Suggested Answer

Suggested Answer: B

by Francine at Jul 01, 2024, 03:49 PM

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Shenika

21 days ago

B) Financial liquidity, all the way. Unless the supplier is planning to pay their bills with fairy dust, that's the key metric to look at.

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Honey

23 days ago

D) Persuasive selling techniques? Really? That's about as useful as a chocolate teapot for assessing supply continuity.

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Tonette

2 days ago

D) Persuasive selling techniques may not be the best factor to assess supply continuity.

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Sheridan

5 days ago

C) Technical and commercial innovation can also impact supply continuity.

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Polly

12 days ago

B) I agree, financial liquidity is also important to consider.

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Jaclyn

20 days ago

A) Financial profitability is a better indicator of continuity of supply.

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Janella

1 months ago

Hmm, tough one. I'm gonna go with C) Technical and commercial innovation. A supplier that's constantly improving their products and processes is probably a safer bet.

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Jame

15 days ago

I think financial liquidity is also important to consider.

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Alise

22 days ago

I think financial liquidity is important too, to ensure they can meet their obligations.

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Ciara

26 days ago

I agree, innovation is key for long-term supply.

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Shawna

28 days ago

I agree, innovation is key for a reliable supplier.

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Virgie

1 months ago

I think persuasive selling techniques can also play a role in ensuring continuity of supply.

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Alex

1 months ago

I believe technical and commercial innovation is also important for continuity of supply.

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Aretha

1 months ago

I'd go with A) Financial profitability. If a supplier is highly profitable, they're more likely to stay in business and maintain supply.

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Ciara

2 months ago

B) Financial liquidity is the best indicator for continuity of supply. A supplier with strong liquidity is more likely to weather any financial storms and keep delivering.

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