L4M5 Exam Dumps | Ranjit is a facilities category buyer for a hospital in the UK and is managing an overseas sourcing project

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Question 29/175

Ranjit is a facilities category buyer for a hospital in the UK and is managing an overseas sourcing project for security guard clothing and personal protective equipment. Ranjit is aware that foreign exchange fluctuations can create risk for his organisation and would like to remove this risk. Ranjit has asked the international suppliers to quote in GBP sterling. Will Ranjit's approach remove the fluctuation risk for the hospital?

A. No, as the risk will sit with the buyer as the value of GBP sterling may increase

B. No, as the value of the supplier's currency may decrease

C. Yes, as the risk will sit with the supplier

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Question 29/175

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