Marriot Hotels and Resorts have decided to upgrade their entire Hotel Management Network and Application Infrastructure across 5 cities in Ontario. As part of this entire RFP procurement process, the procurement department has decided to invite all participating firms to discuss and clarify their queries regarding this project. This discussion with all participating firms is called.

a. Vendor negotiations

b. Contract negotiations.

c. Suppliers negotiations.

d. Bidders conference.

The major difference between Sourcing and Category Management is that

a. Sourcing is part of Procurements, whereas Category Management is part of Purchasing

b. Category Management is a process that aligns business process, strategy and product requirements, whereas Sourcing deals with segmentation of the products from suppliers based on similarity and relationship

c. Category Management is part of Purchasing and concludes with the Sourcing of products as part of conducting Procurements

d. Sourcing is a process that aligns business process, strategy and product requirements, whereas Category Management is a process that deals with segmentation of the products based on similarity and relationship

Marriot Hotels and Resorts have decided to upgrade their entire Hotel Management Network and Application Infrastructure across 5 cities in Ontario. As part of this entire procurement process, Net Telecom (Pvt) Ltd has participated, in order to design, implement, test and commission the entire project. However, Net Telecom (Pvt) Ltd is experienced in the Enterprise Hardware and Network Infrastructure Space, and as such have partnered with Accenture to provide and implement the entire Application Infrastructure component of the project. As a result of this partnership, both companies have submitted a proposal to Marriot Hotels and Resorts. This method of sourcing enables Marriot Hotel and Resorts to effectively manage.

a. RFQ and RFP Processes

b. Downstream and Upstream Supply Chains

c. Risk.

d. Tier-I and Tier-II Suppliers

McDonalds has decided to automate and renovate 200 of their outlets across Ontario, with a budget of approximately CAD 100 million. For this project, they will be seeking designs and / or products and / or services from qualified suppliers and vendors who may visit a sample of the restaurants to ascertain the appropriate solution to provide. As part of this project, they have decided to divide their procurement into the following lots. A vendor / supplier may participate in any number of Lots based on the procurement criteria and their experience.

 

Lot-1. Interior works and decoration. Lot-2. Furniture and fixtures. Lot-3. Computer Hardware. Lot-4. Network Infrastructure. Lot-5. Application Software For this project, a feasible procurement strategy would be. 

Marriot Hotels and Resorts have decided to upgrade their entire Hotel Management Network and Application Infrastructure across 5 cities in Ontario. As part of this entire procurement process, Net Telecom (Pvt) Ltd has participated, in order to design, implement, test and commission the entire project. However, Net Telecom (Pvt) Ltd is experienced in the Enterprise Hardware and Network Infrastructure Space, and as such have partnered with Accenture to provide and implement the entire Application Infrastructure component of the project. As a result of this partnership, both companies have submitted a proposal to Marriot Hotels and Resorts. This method of sourcing from the perspective of Marriot Hotel and Resorts, which has been allowed, can be termed as,

a. Joint venture

b. Subcontracting.

c. Contracting.

d. Request for proposal.

Risk management is an inherent part of procurement. Therefore, as part of procurement, when analyzing risks, it can be categorically emphasized that

a. It is the responsibility of the buying organization to respond to risks in the procurement process

b. Contractors must be able to manage all possible risks associated with procurements

c. It is neither the responsibility of the buying organization or the contractor to respond to risks in the procurement process

d. Contractors are not capable of managing all possible risks associated with procurements

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Answer Key Question 1 d Bidders conference Explanation A bidders conference is a meeting held betwee... View the full answer