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NEW QUESTION: 1
Which of these internal client projects best indicates an opportunity to position services procurement?
A. Centralize control of Management and IT Consultants to standardize services and pricing
B. Improve supplier diversity by increasing usage of small and disadvantaged businesses
C. Independent Audit of the contractual commitment reporting process
D. Procurement initiative to ensure that 90% of all contracts are competitively awarded
Answer: C
NEW QUESTION: 2
When contracting with an outsourcer to provide security administration, the MOST important contractual element is the:
A. financial penalties clause.
B. right-to-terminate clause.
C. limitations of liability.
D. service level agreement (SLA).
Answer: D
Explanation:
Service level agreements (SLAs) provide metrics to which outsourcing firms can be held accountable. This is more important than a limitation on the outsourcing firm's liability, a right-toterminate clause or a hold- harmless agreement which involves liabilities to third parties.
NEW QUESTION: 3
A. Option B
B. Option D
C. Option E
D. Option C
E. Option A
Answer: B,D,E
Explanation:
NEW QUESTION: 4
General liability insurance covers the major liability exposure of a business, including lawsuits against an organization's facilities or products. General liability insurance does not cover:
A. All of these
B. Liabilities that a business incurs through the use of its land and other capital products
C. Liabilities that a business incurs through the use of its automobiles
D. Liabilities that a business incurs through the use of its labor and machinery
Answer: C