Question 1 [2x5=10] Multiple choice questions from 1-5. Circle the letter of the appropriate answer. 1.1 The objective of supply are to obtain ................... A. the right material at the right quality, quantity, price and cost at her right place from the right source with the right service. B. the right quality and quantity at the right price and cost delivered to the right place at time from the right source. C. the right quality materials from the right supplier at the right price in price in the right quantity delivered to the right place and time using the right supply chain. D. the right material, at the right place, time, price, cost and terms and conditions. E. the right material or service at the right quality, quantity, place and time from the right source at the right service. 1.2 Buyer-supplier relationships have developed as follows: A. From partnership to transactional to alliance B. From tractional to partnership to alliance C. From alliance to partnership transactional D. From adversarial to alliance to partnership E. From arms' length to alliance to transactional 1.3 The first and the last step in the strategic sourcing processes are to .................... A. conduct market research and develop strategy B. build the team and negotiate contracts C. conduct market research and manage supplier relationships D. build the team and manage supplier relationships E. develop strategy and negotiate contracts 1.4 Which step in the purchasing process should take place before a contract is awarded to suitable suppliers in a purchasing organisation? A. Receipts and inspection B. Source identification and selection C. Follow up the order and expediting D. Invoice analysis e noun