Online Access Free L3M2 Practice Test

Restricted or limited tendering is also sometimes known as:

• A.Selective
• B.Elective
• C.Effective
• D.Invective

'EBI' stands for:

• A.Early buyer involvement
• B.Ethical business interest
• C.Eager buyer involvement
• D.Earnest business interest

The purpose of a specification is (select all that apply):

• A.Provide a means of evaluation of a product or service
• B.Define the requirement
• C.Act as a means of exchange
• D.Communicate the requirement clearly

A term used to describe preparatory activities undertaken after a contractor has been appointed, but before they have commenced work. Often used in projects, construction or management consultan-cy

• A.Globalisation
• B.Synchronisation
• C.Mobilisation
• D.work.
• E.Improvisation

A chart of the concept of 'economies of scale' would have two axes. Which two?

• A.Cost per unit
• B.Price per unit
• C.Scale of operations
• D.Economies of operation