De Beers requires its sightholders to have an excellent reputation in the industry and which additional attribute?

De Beers requires its sightholders to have an excellent reputation in the industry and which additional attribute?

• A. An excellent reputation in the industry
• B. The financial strength to make large purchase commitments
• C. The ability to supply to multiple markets
• D. A long-term relationship with De Beers

Answer: (B)

The key idea is that De Beers expects sightholders to combine a strong industry reputation with solid financial capacity to back large purchase commitments. The sightholder program grants sizable, regular allocations of rough diamonds, so buyers must have the liquidity and creditworthiness to pay for large lots, finance inventory, and meet heavy ordering obligations reliably. This financial strength provides the stability needed to handle big volumes and reduces risk for De Beers by ensuring smooth, timely purchases. While having an excellent reputation is valuable, and being able to serve multiple markets or maintain a relationship with De Beers can help, the critical factor that completes the requirement is the ability to make large purchase commitments.

The key idea is that De Beers expects sightholders to combine a strong industry reputation with solid financial capacity to back large purchase commitments. The sightholder program grants sizable, regular allocations of rough diamonds, so buyers must have the liquidity and creditworthiness to pay for large lots, finance inventory, and meet heavy ordering obligations reliably. This financial strength provides the stability needed to handle big volumes and reduces risk for De Beers by ensuring smooth, timely purchases. While having an excellent reputation is valuable, and being able to serve multiple markets or maintain a relationship with De Beers can help, the critical factor that completes the requirement is the ability to make large purchase commitments.