1.) UNSPSC provides a universally accepted metadata layer for organizing and controlling spend data. This standardization is key to driving accurate organization and correlation of spend data and to enabling actionable analyses. This standard allows the organization the ability to map all spend data to a single schema.

This is an example of what purchasing tool?

A. Scale economies and learning effects

B. The strategic profit model

C. The profit leverage effect

D. Spend analysis

2.) Years ago, when Southwest Airlines decided it was time for a new uniform, it put out an unconditional open call to all employees from all departments. Anyone who wanted to submit thoughts and ideas was invited to do so, and the company eventually narrowed the pooldown to a team of 43 employees to serve as their uniform committee.

By doing this, Southwest was granting whichtype of power to employees who were not traditional fashion designers?

A. Reward power

B. Expert power

C. Referent power

D. Coercive power

3.) In 2010, Unilever set a goal to source 100% of its agricultural raw materials by 2020. To achieve this goal, it focused on a set of essential commodities or crops, which it termed priority. These crops include cereals, cocoa, dairy, palm oil, sugar, paper and board, soy, tea, and others.

By the end of 2019, Unilever was able to source 88% of its essential commodities and 62% of its total agricultural raw materials.

This is an example of which Triple Bottom Line practice?

A. Social; their customers demanded it

B. Governance; the politics of the day necessitated it

C. Environmental; they are mindful that the planet's resources are finite

D. Profit; there is more profit in products that are sourced with raw materials

Answer rating: 100% (QA)

1 The purchasing tool described in the scenario is D Spend analysis UNSPSC Universal Standard Produc... View the full answer