Question 1

Which of the following explains 'Audit Process'?

Accepted Answer

A)  The process audit is a systematic investigation of the extent to which the (technical) processes are capable of meeting the established standards in a predictable way. 
B)  The process audit is a snap check on the extent to which the (technical) processes are capable of meeting the established standards in a predictable way. 
C)  The process audit is a systematic investigation of the extent to which the (technical) processes are capable of meeting the established standards. 
D)  The process audit is a systematic investigation of the extent to which the (technical) processes are capable of meeting the future standards in a predictable way. 
A)  The process audit is a systematic investigation of the extent to which the (technical) processes are capable of meeting the established standards in a predictable way. 
B)  The process audit is a snap check on the extent to which the (technical) processes are capable of meeting the established standards in a predictable way. 
C)  The process audit is a systematic investigation of the extent to which the (technical) processes are capable of meeting the established standards. 
D)  The process audit is a systematic investigation of the extent to which the (technical) processes are capable of meeting the future standards in a predictable way.

Question 2

Which of the following are likely to be a criterion for choosing the best supplier?

Accepted Answer

A)  Location. 
B)  Size. 
C)  Dynamism. 
D)  Profitability. 
A)  Location. 
B)  Size. 
C)  Dynamism. 
D)  Profitability.

Question 3

Which of the following are performance targets for purchasing?

Accepted Answer

A)  Cost reduction. 
B)  Manufacturing improvement. 
C)  Improving logistics performance. 
D)  Internal Transport 
A)  Cost reduction. 
B)  Manufacturing improvement. 
C)  Improving logistics performance. 
D)  Internal Transport

Question 4

Which of the following explains 'Purchasing Management'?

Accepted Answer

A)  All activities necessary to manage suppliers. 
B)  All activities necessary to manage supplier relationships. 
C)  All activities necessary to manage supplier relationships in such a way that their activities are aligned with the company's overall business strategies. 
D)  All activities necessary to manage supplier relationships in such a way that their activities are aligned with the company's overall business strategies and interests. 
A)  All activities necessary to manage suppliers. 
B)  All activities necessary to manage supplier relationships. 
C)  All activities necessary to manage supplier relationships in such a way that their activities are aligned with the company's overall business strategies. 
D)  All activities necessary to manage supplier relationships in such a way that their activities are aligned with the company's overall business strategies and interests.

Question 5

Which of the following is not a focus in the purchasing and supply model?

Accepted Answer

A)  Reduce cost. 
B)  Total customer satisfaction. 
C)  Contract management. 
D)  Supply chain optimization. 
A)  Reduce cost. 
B)  Total customer satisfaction. 
C)  Contract management. 
D)  Supply chain optimization.

Question 6

Which of the following dimensions can be used to measure and evaluate purchasing activities?

Accepted Answer

A)  Price/Cost. 
B)  Reputation. 
C)  Complaints. 
D)  Number of staff. 
A)  Price/Cost. 
B)  Reputation. 
C)  Complaints. 
D)  Number of staff.

Question 7

Which of the following explains 'Purchasing Authority'?

Accepted Answer

A)  This allows a manager to legally bind their company to an external partner. 
B)  This allows a manager to legally bind their company to an internal partner. 
C)  This allows a manager to link their company to an external partner. 
D)  This allows a manager to legally bind their external partner. 
A)  This allows a manager to legally bind their company to an external partner. 
B)  This allows a manager to legally bind their company to an internal partner. 
C)  This allows a manager to link their company to an external partner. 
D)  This allows a manager to legally bind their external partner.

Question 8

Which of the following is the prime task and responsibility of purchasing?

Accepted Answer

A)  Securing availability of required materials and services at consistent quality from reliable suppliers. 
B)  Securing availability of required materials and services from reliable suppliers. 
C)  Securing availability of required materials and services at consistent quality. 
D)  Securing services at consistent quality from reliable suppliers. 
A)  Securing availability of required materials and services at consistent quality from reliable suppliers. 
B)  Securing availability of required materials and services from reliable suppliers. 
C)  Securing availability of required materials and services at consistent quality. 
D)  Securing services at consistent quality from reliable suppliers.

Question 9

Which of the following explains 'Competitive Pricing'?

Accepted Answer

A)  The price paid for a product is based upon competitive tendering. 
B)  The price paid for a product is based upon competitive tendering among a number of pre-selected suppliers. 
C)  The price paid for a product is based upon a set fee. 
D)  The price paid for a product is based upon competitive tendering among a number of unknown suppliers. 
A)  The price paid for a product is based upon competitive tendering. 
B)  The price paid for a product is based upon competitive tendering among a number of pre-selected suppliers. 
C)  The price paid for a product is based upon a set fee. 
D)  The price paid for a product is based upon competitive tendering among a number of unknown suppliers.

Question 10

Which of the following must the purchasing management process strive for continuously improving?

Accepted Answer

A)  The delivery dates of orders. 
B)  The price/value ratio in the relationship with suppliers. 
C)  The number of suppliers. 
D)  Storage facilities. 
A)  The delivery dates of orders. 
B)  The price/value ratio in the relationship with suppliers. 
C)  The number of suppliers. 
D)  Storage facilities.

Question 11

Which of the following is a stage in the 'Purchasing and Supply Development Model'?

Accepted Answer

A)  After Sales Service. 
B)  Pricing. 
C)  Coordination orientation. 
D)  Manufacture. 
A)  After Sales Service. 
B)  Pricing. 
C)  Coordination orientation. 
D)  Manufacture.

Question 12

Which of the following dimensions are quality costs?

Accepted Answer

A)  The costs that result from preventing mistakes. 
B)  The cost of energy consumption. 
C)  The cost of cancelled orders. 
D)  The reputational costs. 
A)  The costs that result from preventing mistakes. 
B)  The cost of energy consumption. 
C)  The cost of cancelled orders. 
D)  The reputational costs.

Question 13

Which of the following is not a focus in the purchasing and supply model?

Accepted Answer

A)  Reduce cost. 
B)  Social resistance 
C)  Supply chain optimization. 
D)  Serve the factory. 
A)  Reduce cost. 
B)  Social resistance 
C)  Supply chain optimization. 
D)  Serve the factory.

Question 14

Which of the following dimensions can be used to measure and evaluate purchasing activities?

Accepted Answer

A)  Organizational. 
B)  Reputation. 
C)  Complaints. 
D)  Number of staff. 
A)  Organizational. 
B)  Reputation. 
C)  Complaints. 
D)  Number of staff.

Question 15

Which of the following is not a stage of development in the purchasing and supply model?

Accepted Answer

A)  Transaction orientation. 
B)  Commercial orientation. 
C)  Business values, integrity and ethics development. 
D)  Value chain integration. 
A)  Transaction orientation. 
B)  Commercial orientation. 
C)  Business values, integrity and ethics development. 
D)  Value chain integration.

Question 16

Which of the following explains 'Global Sourcing'?

Accepted Answer

A)  Proactively integrating and co-ordinating common items and designs, technologies and suppliers across worldwide purchasing and operating locations. 
B)  Proactively integrating and co-ordinating common items and processes across worldwide purchasing and operating locations. 
C)  Proactively integrating and co-ordinating common items and materials, processes, designs, technologies and suppliers across worldwide purchasing and operating locations. 
D)  Proactively integrating and co-ordinating common items and materials across worldwide purchasing and operating locations. 
A)  Proactively integrating and co-ordinating common items and designs, technologies and suppliers across worldwide purchasing and operating locations. 
B)  Proactively integrating and co-ordinating common items and processes across worldwide purchasing and operating locations. 
C)  Proactively integrating and co-ordinating common items and materials, processes, designs, technologies and suppliers across worldwide purchasing and operating locations. 
D)  Proactively integrating and co-ordinating common items and materials across worldwide purchasing and operating locations.

Question 17

Which of the following is a stage in the 'Purchasing and Supply Development Model'?

Accepted Answer

A)  External integration. 
B)  Pricing. 
C)  Design. 
D)  Manufacture. 
A)  External integration. 
B)  Pricing. 
C)  Design. 
D)  Manufacture.

Question 18

Which of the following techniques can be used to measure purchasing performance?

Accepted Answer

A)  Suggestion Schemes. 
B)  Psychometric testing. 
C)  Customer satisfaction surveys. 
D)  Teambuilding. 
A)  Suggestion Schemes. 
B)  Psychometric testing. 
C)  Customer satisfaction surveys. 
D)  Teambuilding.

Question 19

Which of the following dimensions can be used to measure and evaluate purchasing activities?

Accepted Answer

A)  Floor area of facility. 
B)  Reputation. 
C)  Complaints. 
D)  Logistics. 
A)  Floor area of facility. 
B)  Reputation. 
C)  Complaints. 
D)  Logistics.

Question 20

Which of the following are likely to be a criterion for choosing the best supplier?

Accepted Answer

A)  Location. 
B)  Unionisation of workforce. 
C)  Motivation. 
D)  Profitability. 
A)  Location. 
B)  Unionisation of workforce. 
C)  Motivation. 
D)  Profitability.

Which of the following explains 'Audit Process'?

Which of the following are likely to be a criterion for choosing the best supplier?

Which of the following are performance targets for purchasing?

Which of the following explains 'Purchasing Management'?

Which of the following is not a focus in the purchasing and supply model?

Which of the following dimensions can be used to measure and evaluate purchasing activities?

Which of the following explains 'Purchasing Authority'?

Which of the following is the prime task and responsibility of purchasing?

Which of the following explains 'Competitive Pricing'?

Which of the following must the purchasing management process strive for continuously improving?

Which of the following is a stage in the 'Purchasing and Supply Development Model'?

Which of the following dimensions are quality costs?

Which of the following is not a focus in the purchasing and supply model?

Which of the following dimensions can be used to measure and evaluate purchasing activities?

Which of the following is not a stage of development in the purchasing and supply model?

Which of the following explains 'Global Sourcing'?

Which of the following is a stage in the 'Purchasing and Supply Development Model'?

Which of the following techniques can be used to measure purchasing performance?

Which of the following dimensions can be used to measure and evaluate purchasing activities?

Which of the following are likely to be a criterion for choosing the best supplier?

The Role of Purchasing in the Value Chain

Industrial Buying Behavior: Decision-Making in Purchasing

Buying Business Services

Contract Management for Complex Projects

Public Procurement

Purchasing and Business Strategy

Outsourcing and Risk Management

Category Sourcing: Developing Effective Sourcing Strategies

Purchasing Innovation and Quality Management

Purchasing Logistics and Supply Chain Management

Purchasing Organization

Performance Measurement and Governance in Purchasing

Cost Approaches and Techniques

Purchasing, Corporate Social Responsibility and Integrity

Filters

Exam 3: The Purchasing Management Process

Which of the following explains 'Audit Process'?

Which of the following are likely to be a criterion for choosing the best supplier?

Which of the following are performance targets for purchasing?

Which of the following explains 'Purchasing Management'?

Which of the following is not a focus in the purchasing and supply model?

Which of the following dimensions can be used to measure and evaluate purchasing activities?

Which of the following explains 'Purchasing Authority'?

Which of the following is the prime task and responsibility of purchasing?

Which of the following explains 'Competitive Pricing'?

Which of the following must the purchasing management process strive for continuously improving?

Which of the following is a stage in the 'Purchasing and Supply Development Model'?

Which of the following dimensions are quality costs?

Which of the following is not a focus in the purchasing and supply model?

Which of the following dimensions can be used to measure and evaluate purchasing activities?

Which of the following is not a stage of development in the purchasing and supply model?

Which of the following explains 'Global Sourcing'?

Which of the following is a stage in the 'Purchasing and Supply Development Model'?

Which of the following techniques can be used to measure purchasing performance?

Which of the following dimensions can be used to measure and evaluate purchasing activities?

Which of the following are likely to be a criterion for choosing the best supplier?

The Role of Purchasing in the Value Chain

Industrial Buying Behavior: Decision-Making in Purchasing

Buying Business Services

Contract Management for Complex Projects

Public Procurement

Purchasing and Business Strategy

Outsourcing and Risk Management

Category Sourcing: Developing Effective Sourcing Strategies

Purchasing Innovation and Quality Management

Purchasing Logistics and Supply Chain Management

Purchasing Organization

Performance Measurement and Governance in Purchasing

Cost Approaches and Techniques

Purchasing, Corporate Social Responsibility and Integrity

Filters