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CIPS Exam L3M2 Topic 1 Question 11 Discussion
Actual exam question for
CIPS's
L3M2 exam
Question #: 11
Topic #: 1
[All L3M2 Questions]
Topic #: 1
You work as a buyer for a large international corporation. You are currently involved in negotiating a high-value contract, and one of the supplier's representatives offers to take you to a dog-racing event, with all expenses paid. The offer is open to the whole of your procurement team. What do you do?
Suggested Answer:
B
Value engineering, like value analysis, but at the design stage, seeks to create at least as great an output, but with fewer components / inputs.
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