1. Factors determining the procurement potential include all except- 0 a) Structure of the market b) Value of spend c) Supply-demand imbalance d) Efficiency of procurement process 2. Boston Consulting Group Matrix categorizes the product portfolio into the following groups except- a) Star b) Problem Child c) Dog d) Cow 3. Identify the false statement O a) Prevention costs are the costs that are incurred in avoiding failure in the first place. b) Appraisal costs include those costs that are incurred in checking and inspection c) Internal failure costs arise from errors when the product is with the intermediary d) External failure costs arise from an error being passed on to an external customer. 4. Carter's 10 C model for ideal procurement practices include- o a) Clean b) Competence c) Commitment to quality d) Clean, competence, and commitment to quality e) None of these 5. Risk identification techniques include- 0 a) Questionnaire b) Scenario analysis c) Questionnaire s well as scenario analysis d) Neither questionnaire nor scenario analysis 6. Services are characterized by the following except- 0 a) Tangible b) Variable quality c) Can't be owned d) Can't be stocked 7. The efficient consumer response programs fail during their implementation phase for certain reason which include all except- O a) Unwillingness to share information b) Conflicts with other priorities c) Flexible information systems d) Inadequate training 8. Difficulties in conducting the business online include- a) Low priority b) Lack of standard data formats c) Lack of e-procurement competency d) All of these 9. The questions that have to be asked by any buyer in preparing a contract include: O a) Who does what? b) For whom? c) When and where? d) All of these 10. Countertrade may take the following form- O a) Barter b) Switch-trading c) Buy-back agreements d) All of these