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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