Question: Please help me to answer these MCQ Question 11 (1 point) For routine supply items, the strategic aim should be to adopt simple, cost-effective procurement
Please help me to answer these MCQ
Question 11 (1 point)
For routine supply items, the strategic aim should be to adopt simple, cost-effective procurement techniques, such as:
Question 11 options:
E-procurement/fully automated ordering (for stock items) | |
Direct call-off by users from suppliers in the basis of blanket agreements | |
Purchase by users using field order or procurement card procedures | |
Outsourcing | |
All the above |
Question 12 (1 point)
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The main stages in the purchasing process include:
Question 12 options:
Recognition of need | |
Best practice benchmarking | |
Total quality management | |
Customer focus | |
All the above |
Question 13 (1 point)
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Which of the following is an advantage cited for organizational decentralization:
Question 13 options:
Economies obtained by consolidating like requirements | |
Avoidance of price anomalies between group units | |
Better overall stock management and material utilization | |
The local buyer will be able to respond quicker to emergency requirements | |
All the above |
Question 14 (1 point)
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With respect to environmental procurement and the supply chain, buyers need to investigate issues like:
Question 14 options:
Promoting environmental issues with suppliers | |
Energy consumption | |
Consumption of non-renewable resources | |
Amount of packaging materials and how to get rid ot it | |
All the above |
Question 15 (1 point)
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Carter's 10 Cs Checklist includes:
Question 15 options:
Catching | |
Keeping up | |
Clean | |
Quality | |
All the above |
Question 16 (1 point)
Some considerations that need to be evaluated when deciding between using one supplier, or many suppliers, include:
Question 16 options:
Effect on price | |
Effect on security of supply | |
Effect on supplier motivation | |
Effect on market structure | |
All the above |
Question 17 (1 point)
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Incoterms 2010 include:
Question 17 options:
EXW - Extra Work | |
CIP - Cancel Insurance at the Port | |
FAS - Find a Ship | |
DAT - Delivered at Terminal | |
All the above |
Question 18 (1 point)
Research on the topic of Onshoring found the most frequent problems experienced by European companies with manufacturers in the Far East included:
Question 18 options:
Difficult communications | |
Rising prices | |
Long lead times | |
Poor quality of production | |
All the above |
Question 19 (1 point)
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One consideration that might influence an organization to Outsource is:
Question 19 options:
Internal supplier has better capability | |
Increases in operating costs | |
Increasing or spreading risk | |
Economies of scale | |
All the above |
Question 20 (1 point)
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Goodyear Tire & Rubber Company outsourced more than 40 indirect spend categories to cut costs, including:
Question 20 options:
Transportation | |
Repair | |
Packaging | |
Energy | |
All the above |
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