[Relationship approaches and the sourcing process]
In public sector procurement, tenders are advertised with CPV codes, which provide a reference to
describe the product or service being tendered. What does CPV stand for?
Options
Discussion
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Correct Answer:
B
Q: 2
[Relationship approaches and the sourcing process]
A manufacturing company which produces showers struggles to get hold of a certain part called a
mixer valve. It is impossible to make the showers without the mixer-valve and there is only one
supplier in the market that produces them. The good news is they aren't very expensive to buy. What
type of supplier is the supplier of mixer valves?
Options
Discussion
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Correct Answer:
D
Q: 3
[Performance and conflict in supplier relationships]
When a large organization partners with a small supplier to develop new technology, it is necessary
for regular communication. Is this statement true?
Options
Discussion
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Correct Answer:
B
Q: 4
[Contractual approaches in supplier relationships]
Sugar Doughnut Ltd has a jam supplier that they have used successfully for over ten years. They have
made investments in the supplier’s factory to support them with capital equipment upgrades in
return for cost reduction on jam. The two companies also collaborate on bids for large supermarkets
when looking to supply doughnuts and work together on quality improvements. No contracts exist
between the two companies. Could this relationship be said to be a partnership relationship?
Options
Discussion
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Correct Answer:
C
Q: 5
[The dynamics of supply chains]
When using competitive forces theory, suppliers are powerful in which of the following situations?
Select THREE that apply.
Options
Discussion
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Correct Answer:
A, B, D
Q: 6
[Relationship approaches and the sourcing process]
A restricted market is a market where there are only a small number of capable and competent
suppliers. Which of the following is not a reason for a marketplace to be restricted?
Options
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Correct Answer:
D
Q: 7
[Contractual approaches in supplier relationships]
A law firm is ending an agreement with a client they have represented for many years. What is the
most important legal consideration to be taken before terminating?
Options
Discussion
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Correct Answer:
B
Q: 8
[The dynamics of supply chains]
In the 1990s, a manufacturer of portable music players partnered with a mini-disk producer. The aim
of the partnership was to reduce the size and cost of the devices and enhance flexibility. Sales of the
product after launch were low due to a competitive launch of small digital players, which offered
better flexibility to customers at a comparable price. The partners suffered substantial loss and never
recovered the investment. In order to mitigate the risk described, what should both partners have
considered before investing in the product? Select the TWO that apply.
Options
Discussion
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Correct Answer:
B, C
Q: 9
[Relationship approaches and the sourcing process]
Gabriel is a procurement manager who wishes to explore a new avenue to procure products for his
company. His manager has told him that he should invite internal stakeholders to a meeting to get
their feedback. Who should Gabriel invite? Select THREE.
Options
Discussion
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Correct Answer:
A, B, E
Q: 10
[Contractual approaches in supplier relationships]
What is a disadvantage of including qualitative KPIs into a contract?
Options
Discussion
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Correct Answer:
C
Q: 11
[Relationship approaches and the sourcing process]
Which of the following are possible drivers for partnership sourcing? Select THREE.
Options
Discussion
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Correct Answer:
B, C, D
Q: 12
[Relationship approaches and the sourcing process]
Which one of the following is an advantage of early supplier involvement?
Options
Discussion
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Correct Answer:
C
Q: 13
[Performance and conflict in supplier relationships]
A partnership was created between a company and one of its local suppliers when the managing
directors of each company met and thought partnering could be a good ide
a. No other departments were included in the discussions. The partnership has been in place for over
a year, but neither of the companies has achieved any additional benefits. The company has been
unable to offer any increased business to the supplier, and the supplier has been unable to improve
on the quality of its products. The partnership is going to be terminated. What is a possible main
reason for the failure of the partnership?
Options
Discussion
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Correct Answer:
A
Q: 14
[Relationship approaches and the sourcing process]
Hungry Sandwich Co. produces over 5,000 freshly made sandwiches on-site every day. The main
ingredient that Hungry Sandwich Co. buys is bread. It is the item they spend the most money on, and
they have a long-term partnership agreement with a local bakery to manufacture and supply fresh
bread every morning. Using a supplier positioning matrix, which is the appropriate category for
bread for Hungry Sandwich Co.?
Options
Discussion
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Correct Answer:
D
Q: 15
[Relationship approaches and the sourcing process]
In which procurement process is a PQQ not issued?
Options
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Correct Answer:
A
Q: 16
[Contractual approaches in supplier relationships]
Janet runs a factory which produces 1 million bread rolls every day. It requires a large amount of
flour, and for this to be delivered regularly- in time with manufacturing operations. There are very
fewsuppliers in the market place that can deliver the quality of flour Janet requires in the quantities
required. Janet has just established a contract with Friendly Flour Limited - what type of supplier is
Friendly Flour Limited to Janet?
Options
Discussion
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Correct Answer:
B
Q: 17
[The dynamics of supply chains]
Lion Manufacturing is about to enter into a partnership with Penguin Logistics, who will provide
delivery to and from Lion Manufacturing's factories and warehouses. In this relationship, what type
of negotiation strategy should Lion manufacturing use?
Options
Discussion
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Correct Answer:
A
Q: 18
[Relationship approaches and the sourcing process]
Which of the following are considered part of the '5 Rights of Procurement'? Select THREE.
Options
Discussion
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Correct Answer:
A, B, E
Q: 19
[Partnership and collaboration models]
A common reason attributed to many partnerships failing is ...
Options
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Correct Answer:
D
Q: 20
[Relationship approaches and the sourcing process]
The Kraljic Model is most useful for which aspect of procurement?
