Question 1

Which of the following is not an organizational model for creating corporate advantage through purchasing?

Accepted Answer

A)  Decentral purchasing. 
B)  Coordinated purchasing. 
C)  Central purchasing. 
D)  Fragmented purchasing. 
A)  Decentral purchasing. 
B)  Coordinated purchasing. 
C)  Central purchasing. 
D)  Fragmented purchasing. D

Question 2

Which of the following is a skill required of a project buyer?

Accepted Answer

A)  Leadership skills. 
B)  Project management skills. 
C)  Communication skills. 
D)  Reporting skills. 
A)  Leadership skills. 
B)  Project management skills. 
C)  Communication skills. 
D)  Reporting skills. B

Question 3

Which of the following best explains the 'fully integrated logistics structure'?

Accepted Answer

A)  Purchasing reports directly to the engineering manager at the same level as production planning and physical distribution. 
B)  Purchasing reports directly to the logistics manager at a more senior level than production planning and physical distribution. 
C)  Purchasing reports indirectly to the logistics manager via the finance manager. 
D)  Purchasing reports directly to the logistics manager at the same level as production planning and physical distribution. 
A)  Purchasing reports directly to the engineering manager at the same level as production planning and physical distribution. 
B)  Purchasing reports directly to the logistics manager at a more senior level than production planning and physical distribution. 
C)  Purchasing reports indirectly to the logistics manager via the finance manager. 
D)  Purchasing reports directly to the logistics manager at the same level as production planning and physical distribution. D

Question 4

Which of the following managerial levels is not commonly at a strategic level?

Accepted Answer

A)  Top management. 
B)  Logistics management. 
C)  Purchasing management. 
D)  Senior buyer. 
A)  Top management. 
B)  Logistics management. 
C)  Purchasing management. 
D)  Senior buyer.

Question 5

Which of the following is not an operational level purchasing decision?

Accepted Answer

A)  The ordering process. 
B)  Agreement on corporate or annual supplier framework agreements. 
C)  All expediting activities related to released orders. 
D)  The monitoring and evaluation of supplier performance. 
A)  The ordering process. 
B)  Agreement on corporate or annual supplier framework agreements. 
C)  All expediting activities related to released orders. 
D)  The monitoring and evaluation of supplier performance.

Question 6

Which of the following best explains the 'partially integrated logistics structure'?

Accepted Answer

A)  Production planning and physical distribution report to the logistics manager, whereas the purchasing manager reports to another senior manager. 
B)  Purchasing reports directly to the logistics manager at a more senior level than production planning and physical distribution. 
C)  Production planning and physical distribution report to the logistics manager, whereas the purchasing manager reports also to the logistics manager. 
D)  Production planning and physical distribution report to the finance manager, whereas the purchasing manager reports to another senior manager. 
A)  Production planning and physical distribution report to the logistics manager, whereas the purchasing manager reports to another senior manager. 
B)  Purchasing reports directly to the logistics manager at a more senior level than production planning and physical distribution. 
C)  Production planning and physical distribution report to the logistics manager, whereas the purchasing manager reports also to the logistics manager. 
D)  Production planning and physical distribution report to the finance manager, whereas the purchasing manager reports to another senior manager.

Question 7

Which of the following is not a tactical level purchasing decision?

Accepted Answer

A)  Introducing a cross-functional, cross-business category sourcing structure in the company. 
B)  Agreement on corporate or annual supplier framework agreements. 
C)  Troubleshooting: solving daily problems on quality, supply and payment in the relationship with the supplier. 
D)  Selection and contracting of suppliers. 
A)  Introducing a cross-functional, cross-business category sourcing structure in the company. 
B)  Agreement on corporate or annual supplier framework agreements. 
C)  Troubleshooting: solving daily problems on quality, supply and payment in the relationship with the supplier. 
D)  Selection and contracting of suppliers.

Question 8

Which of the following is a responsibility of project buyers?

Accepted Answer

A)  Developing corporate sourcing strategies. 
B)  Strategic commodities. 
C)  Investment goods and maintenance good and services. 
D)  General goods and services. 
A)  Developing corporate sourcing strategies. 
B)  Strategic commodities. 
C)  Investment goods and maintenance good and services. 
D)  General goods and services.

Question 9

Which of the following is not a feature of purchasing maturity'?

Accepted Answer

A)  The level of professionalism in the purchasing function. 
B)  The status of the function. 
C)  The number of purchasing specialists. 
D)  The purchasing budget. 
A)  The level of professionalism in the purchasing function. 
B)  The status of the function. 
C)  The number of purchasing specialists. 
D)  The purchasing budget.

Question 10

Which of the following is not a feature of a 'hybrid purchasing structure'?

Accepted Answer

A)  Voluntary coordination. 
B)  Lead buyership. 
C)  There is a central purchasing department where corporate contracting specialists operate at the strategic level. 
D)  Lead design concept. 
A)  Voluntary coordination. 
B)  Lead buyership. 
C)  There is a central purchasing department where corporate contracting specialists operate at the strategic level. 
D)  Lead design concept.

Question 11

Which of the following is an activity of category sourcing managers?

Accepted Answer

A)  Developing corporate sourcing strategies. 
B)  Strategic commodities. 
C)  Investment goods and maintenance good and services. 
D)  General goods and services. 
A)  Developing corporate sourcing strategies. 
B)  Strategic commodities. 
C)  Investment goods and maintenance good and services. 
D)  General goods and services.

Question 12

Which fraction of purchasing respondents surveyed admitted to rarely or never changing suppliers?

Accepted Answer

A)  1/4. 
B)  1/3. 
C)  1/2. 
D)  1/5. 
A)  1/4. 
B)  1/3. 
C)  1/2. 
D)  1/5.

Question 13

Which of the following factors do not influence purchasing's reporting relationships?

Accepted Answer

A)  Strategic impact. 
B)  Logistics complexity. 
C)  Purchasing turnover ratio. 
D)  Market share. 
A)  Strategic impact. 
B)  Logistics complexity. 
C)  Purchasing turnover ratio. 
D)  Market share.

Question 14

Which of the following is an activity of a chief procurement officer (CPO)?

Accepted Answer

A)  Developing corporate sourcing strategies. 
B)  Strategic commodities. 
C)  Investment goods and maintenance good and services. 
D)  General goods and services. 
A)  Developing corporate sourcing strategies. 
B)  Strategic commodities. 
C)  Investment goods and maintenance good and services. 
D)  General goods and services.

Question 15

Which of the following is not a feature of purchasing maturity?

Accepted Answer

A)  The role of the purchasing departments. 
B)  The status of the function. 
C)  The availability of purchasing information systems. 
D)  The level of collaboration with distributers. 
A)  The role of the purchasing departments. 
B)  The status of the function. 
C)  The availability of purchasing information systems. 
D)  The level of collaboration with distributers.

Question 16

Which of the following is a skill required of a category sourcing manager?

Accepted Answer

A)  Leadership skills. 
B)  Project management skills. 
C)  Communication skills. 
D)  Reporting skills. 
A)  Leadership skills. 
B)  Project management skills. 
C)  Communication skills. 
D)  Reporting skills.

Question 17

Which of the following is a skill required of a chief procurement officer?

Accepted Answer

A)  Leadership skills. 
B)  Project management skills. 
C)  Communication skills. 
D)  Reporting skills. 
A)  Leadership skills. 
B)  Project management skills. 
C)  Communication skills. 
D)  Reporting skills.

Question 18

Which of the following key factors are not commonly used when deciding to opt for centralization or decentralization in purchasing?

Accepted Answer

A)  Savings potential. 
B)  Expertise required. 
C)  Existing approach. 
D)  Customer demands. 
A)  Savings potential. 
B)  Expertise required. 
C)  Existing approach. 
D)  Customer demands.

Question 19

Which of the following is a responsibility of legal counsels?

Accepted Answer

A)  Developing corporate sourcing strategies. 
B)  Strategic commodities. 
C)  Materials planning. 
D)  Solve supplier disputes. 
A)  Developing corporate sourcing strategies. 
B)  Strategic commodities. 
C)  Materials planning. 
D)  Solve supplier disputes.

Question 20

Which of the following is not a skill required of a NPR buyer?

Accepted Answer

A)  Generalist skills. 
B)  Business administration. 
C)  Communication skills. 
D)  Long-term planning horizon. 
A)  Generalist skills. 
B)  Business administration. 
C)  Communication skills. 
D)  Long-term planning horizon.

Which of the following is not an organizational model for creating corporate advantage through purchasing?

Which of the following is a skill required of a project buyer?

Which of the following best explains the 'fully integrated logistics structure'?

Which of the following managerial levels is not commonly at a strategic level?

Which of the following is not an operational level purchasing decision?

Which of the following best explains the 'partially integrated logistics structure'?

Which of the following is not a tactical level purchasing decision?

Which of the following is a responsibility of project buyers?

Which of the following is not a feature of purchasing maturity'?

Which of the following is not a feature of a 'hybrid purchasing structure'?

Which of the following is an activity of category sourcing managers?

Which fraction of purchasing respondents surveyed admitted to rarely or never changing suppliers?

Which of the following factors do not influence purchasing's reporting relationships?

Which of the following is an activity of a chief procurement officer (CPO)?

Which of the following is not a feature of purchasing maturity?

Which of the following is a skill required of a category sourcing manager?

Which of the following is a skill required of a chief procurement officer?

Which of the following key factors are not commonly used when deciding to opt for centralization or decentralization in purchasing?

Which of the following is a responsibility of legal counsels?

Which of the following is not a skill required of a NPR buyer?

The Role of Purchasing in the Value Chain

Industrial Buying Behavior: Decision-Making in Purchasing

The Purchasing Management Process

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

Performance Measurement and Governance in Purchasing

Cost Approaches and Techniques

Purchasing, Corporate Social Responsibility and Integrity

Filters

Exam 12: Purchasing Organization

Which of the following is not an organizational model for creating corporate advantage through purchasing?

Which of the following is a skill required of a project buyer?

Which of the following best explains the 'fully integrated logistics structure'?

Which of the following managerial levels is not commonly at a strategic level?

Which of the following is not an operational level purchasing decision?

Which of the following best explains the 'partially integrated logistics structure'?

Which of the following is not a tactical level purchasing decision?

Which of the following is a responsibility of project buyers?

Which of the following is not a feature of purchasing maturity'?

Which of the following is not a feature of a 'hybrid purchasing structure'?

Which of the following is an activity of category sourcing managers?

Which fraction of purchasing respondents surveyed admitted to rarely or never changing suppliers?

Which of the following factors do not influence purchasing's reporting relationships?

Which of the following is an activity of a chief procurement officer (CPO)?

Which of the following is not a feature of purchasing maturity?

Which of the following is a skill required of a category sourcing manager?

Which of the following is a skill required of a chief procurement officer?

Which of the following key factors are not commonly used when deciding to opt for centralization or decentralization in purchasing?

Which of the following is a responsibility of legal counsels?

Which of the following is not a skill required of a NPR buyer?

The Role of Purchasing in the Value Chain

Industrial Buying Behavior: Decision-Making in Purchasing

The Purchasing Management Process

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

Performance Measurement and Governance in Purchasing

Cost Approaches and Techniques

Purchasing, Corporate Social Responsibility and Integrity

Filters