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Which of the following factors might prompt an organisation to procure an alternative product?
Which of the following factors might prompt an organisation to procure an alternative product? Select THREE that apply:A . Brand loyaltyB . Relative value to money between optionsC . Buying organisation's propensities to changeD . Easy access to distribution channelE . Threat of retaliationF . Switching costView AnswerAnswer: B, C,...
Which type of specification is less time-consuming to develop?
Which type of specification is less time-consuming to develop?A . Outcome-based specificationB . Design specificationC . Conformance specificationD . Technical drawingsView AnswerAnswer: A Explanation: There are two major types of specification: conformance and performance specifications. They have the following characteristics: Since performance specification is often a list of outputs or...
Which of the following elements should be included in the business case?
A CPO is making a business case for acquiring a new computer system. He has set out objective, generated options, cost and benefit of each option and implementation plan. Which of the following elements should be included in the business case?A . Risk assessmentB . Operation managementC . Invitation to...
Which of the following sources of information are considered as primary data? Select TWO that apply.
Which of the following sources of information are considered as primary data? Select TWO that apply.A . The information about specific market sectors from trade associationsB . Commercial publishers of market reportsC . The collection of data from surveying customersD . RFIE . Reports in business magazinesView AnswerAnswer: C, D...
Who would be a key internal stakeholder in defining software compatibility with company's current system?
Builder Inc is a rapidly expanding business in construction sector. Due to an increase in projects, it cannot manage the flow of materials by Excel spreadsheets but by more dedicated software. Who would be a key internal stakeholder in defining software compatibility with company's current system?A . Procurement teamB ....
Which of the following should be a priority action of the company?
GSC Ltd is a manufacturer of car parts. To accommodate growing demands of electric cars, the company is developing a new component which requires different type of steel. The project team estimates that the component will be ready for production in 1.5 years. Until then, they need to keep the...
Which of the following are typically included in a conformance specification? Select TWO that apply.
Which of the following are typically included in a conformance specification? Select TWO that apply.A . Product functionsB . Product dimensionsC . Brand nameD . List of outcomeE . Packaging requirementsView AnswerAnswer: B, E Explanation: A conformance specification is a specification that defines the technical and physical characteristics and/or measurements...
Which of the following should be done before writing the specification for new steel plant?
OMK is a Russian steel firm that is expanding market abroad. It plans to build a steel plant in a foreign country. Due to intricate technical requirements, the plant design will be very complex. Procurement department or technical department alone cannot draft the specification. OMK senior management decides that this...
Which of the following areas is specified by ISO/IEC 27001 family?
Which of the following areas is specified by ISO/IEC 27001 family?A . The dimensions and associated tolerances for a series of housings for piston sealsB . The requirements for an information security management systemC . Evaluation and assessment of mutual agreed customer food safety requirementsD . The requirements for an...
Which of the following activities are considered as primary activities of an organization according to Porter's value chain? Select TWO that apply:
Which of the following activities are considered as primary activities of an organization according to Porter's value chain? Select TWO that apply:A . MaintenanceB . Picking and delivery componentsC . Sourcing transportation servicesD . Trainees recruitmentE . Assembly designView AnswerAnswer: A, B Explanation: Primary activities consist of inbound logistics, operations,...
