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Questions and Answers
What is the primary factor influencing the level of control over procurement activities?
What is the primary factor influencing the level of control over procurement activities?
- The hiring manager's role in relation to the contractor (correct)
- The type of contractor hired
- The geographical location of the contractor
- The number of employees in the contractor's company
In which scenario do we have the highest degree of control over procurement activities?
In which scenario do we have the highest degree of control over procurement activities?
- When our portfolio companies are hiring managers of contractors
- When we have minority ownership in a food production company
- When our contractors are hiring managers of other contractors
- When we are the hiring manager of a contractor (correct)
What is emphasized as crucial in promoting responsible contracting even with limited control?
What is emphasized as crucial in promoting responsible contracting even with limited control?
- Engagement in dialogue to promote responsible contracting principles (correct)
- Number of years the contractor has been in business
- Geographical proximity to the contractor
- Amount of financial investment in the contractor
How does higher control over procurement activities affect our leverage with third parties?
How does higher control over procurement activities affect our leverage with third parties?
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What is a consequence of higher control over procurement activities in terms of risk exposure?
What is a consequence of higher control over procurement activities in terms of risk exposure?
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Why is it important to stay engaged in dialogue regarding responsible contracting even when control is limited?
Why is it important to stay engaged in dialogue regarding responsible contracting even when control is limited?
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