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Exam Code: L3M2
Exam Name: Ethical Procurement and Supply
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
Which of the following price strategies would one use if they seek to recover variable cost while enticing a buyer with a price that covers neither the fixed cost nor profit?
A. Market demand pricing
B. Market based approach
C. Time and material contracts
D. Loss leader pricing
Answer: D
Explanation:
One would use loss leader pricing if they seek to recover variable cost while enticing a buyer with a price that covers neither the fixed cost nor profit. In market demand pricing the seller determines demand and prices at a level that meets customer expectations and provides an acceptable profit. Time and material contracts allow the seller to charge an hourly rate for labor plus the cost of materials and allowable expenses. Market based approach is actually a product price structure.
NEW QUESTION: 2
Which statement about the configuration of MST on an IOS switch is true?
A. When MST is enabled, RSTP is automatically enabled and MST will use BPDU version 4, maximum of
16 instances of MST can exist.
B. When MST is enabled, RSTP is automatically disabled and MST will use BPDU version 4, maximum of
16 instances of MST can exist.
C. When MST is enabled, RSTP is automatically disabled and MST will use BPDU version 2, maximum of
16 instances of MST can exist.
D. When MST is enabled, RSTP is automatically enabled and MST will use BPDU version 2, maximum of
16 instances of MST can exist.
Answer: D
NEW QUESTION: 3
DRAG DROP
Answer:
Explanation:
NEW QUESTION: 4
Which of the following books deals with confidentiality?
A. Red Book
B. Purple Book
C. Brown Book
D. Orange Book
Answer: D
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