Question: SECTION A: MULTIPLE AND TRUE OR FALSE QUESTION [34 marks] QUESTION 1: MULTIPLE CHOICE QUESTIONS [24 marks] There are twelve multiple-choice questions with several possible
SECTION A: MULTIPLE AND TRUE OR FALSE QUESTION [34 marks]
QUESTION 1: MULTIPLE CHOICE QUESTIONS [24 marks]
There are twelve multiple-choice questions with several possible choices each, choose the best possible answer, e.g. 1.1A
1.1 Which of the following statements is true in respective to globalisation? [2 marks]
a) Global procurement refers to buying components and inputs anywhere in the world.
b) Planning is the first step in global procurement.
c) Global procurement is driven by the factor-input and the market-access strategies.
d) All are.
1.2 What is the first step in a global sourcing development model? [2 marks]
a) Specification
b) Situation analysis
c) Problem recognition
d) Planning
1.3 Which of the below is often a major shortcoming to many global procurement plans. [2 marks]
a) Implementation
b) Evaluation
c) Specification
d) Monitoring and improving
1.4 Which of the following is not a type of benefit that can come from e-procurement? [2 marks]
a) Management information
b) Transaction
c) Price Compliance
d) All are benefits
1.5 Which type of material below has no economic value. [2 marks]
a) Waste
b) Scrap
c) Obsolete
d) Excess
1.6 are taxes that governments place on the importation of certain items. [2 marks]
a) Tariffs
b) Embargoes
c) Surcharges
d) Reciprocities
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