What do we call the point when the supply firm makes neither a profit nor a loss ie where all costs are covered yet no profit is made?

Which STEEPLE factor deals with issues of import taxes, rising home labour costs, regional grants, stability of governing regimes?

Where all does not go well on a contract and there are significant increased costs of implementation, a contract clause may exist whereby both buyer and contractor share the unanticipated additional costs using a pre-agreed formula. What is the expression which describes such an arrangement?

Win-win style negotiations are said to be:

The UN Guiding Principles on Business and Human Rights (UNGP) - which recognise that business enterprises must respect human rights – were adopted in which year?

Which one of the following is a trading bloc?

In which quadrant of a SWOT analysis would ‘well-developed management skills, unique intellec-tual property rights and sound financial backing’ appear?

Which one of the following is from the STEEPLE framework?

The letters ‘MEAT’ stand for:

The expression ‘consideration’ means:

In which year did the United Nations issue the Universal Declaration of Human Rights?

In this course, the acronym ‘CPA’ stands for:

Which of the following is least likely to be called a ‘spot’ purchase?

‘A purchasing procedure whereby potential suppliers are invited to make a firm and unequivocal offer of the price and terms on which they will supply specified goods or services which, on ac-ceptance, shall be the basis of the subsequent contract’

Periodic progress reports may be required by a contract manager. Part of this could include reporting actual progress against planned progress. In many cases, achievement of plannedstages would result in (part-) payment(s) being released to the contractor. Which one of the following terms might be the most appropriate title for a plan underpinning this approach, to ensure value for money, and payment linked to actual progress?

The variable cost of a bottle of water is 25 cents. Selling price is $1, and fixed costs are one hundred thousand dollars. How many bottles of water must be sold to reach breakeven point?

Which of the following are barriers to trade?

‘When the best XXX is selected, a formal YYY ZZZ is prepared and sent to the supplier. Choose the most likely words to replace XXX, YYY and ZZZ.

Where the buying organisation’s contract manager feels that a contractor has under-performed, which one of the following actions is normally not recommended?

Win-win negotiations can be described as expanding the:

Conducting individual and group-based (focus groups) in-depth interviews.

Is this quantitative or qualitative data gathering?

Contribution is equivalent to:

Which of the following are genuine pieces of legislation in the UK?

Assume you calculate a selling price by adding a profit element onto costs. Assume the profit ele-ment is equivalent to 100% of costs.

Is mark-up or margin being described here?

Revenue-earning possibilities which are foregone as a result of implementing a plan; the cost of not doing something else.

When a proposal fits with organisational strategy / direction / values, this can be described as:

Which STEEPLE factor deals with issues of foreign exchange rates, inflation, consumer spending, labour costs and unemployment levels?