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NEW QUESTION 52

Which Incoterm applies here?

The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination, covering the cost of both the transport and the insurance to cover this. Again, the supplier bears all risks until the goods are delivered to the buyer at their named place.

  • A. FOB - Free On Board
  • B. CIF - Cost Insurance and Freight
  • C. DAP - Cost and Freight
  • D. FAS - Free Alongside Ship

Answer: B

NEW QUESTION 53

Create a list of primary and secondary Data sources?

Answer:

Explanation:

Data can be primary or secondary

Primary data are derived from original work or research through experience. Primary data can be gathered from the following sources; 1) Interview (2) survey (3) meetings (4) case studies.

Secondary data is derived from a previous source, i.e. somebody else has gathered the data. Sec-ondary data can be gained from; (1) Books (2) Websites, Trade magazines, etc

NEW QUESTION 54

Which type of power is most likely to be used in corruption?

Answer:

Explanation:

The abuse of power within the supply chain can be linked to corruption. If individuals with seniority favor one supplier over another, they can exercise their power to award the contract to whoever they wish. According to CIPS code of conduct, this is not acceptable.

According to French and Raven, there are five types of power (Legitimate power, Reward, Expert, Referent and Coercive), and these powers can most likely be used in corruption.

NEW QUESTION 55

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