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Which of the following are possible drivers for partnership sourcing? Select THREE.
Which of the following are possible drivers for partnership sourcing? Select THREE.A . The protection of intellectual property rights B. The marketplace has become more volatile C. Working together will create synergies D. The need to improve performance to satisfy the end customer To increase production costs and lead-timesView AnswerAnswer:...
What does CPV stand for?
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?A . Condensed Procurement Vocabulary B. Common Procurement Vocabulary C. Complete Procurement Vocabulary D. Clear Procurement VocabularyView AnswerAnswer: B Explanation: CPV stands for...
Which of the following is an advantage for the suppler of entering into a partnership with a buyer?
Which of the following is an advantage for the suppler of entering into a partnership with a buyer?A . They may gain an increased volume of business B. There is more flexibility when selling the product C. The Intellectual Property Rights of the buyer become yours D. They no longer...
How should the procurement manager include the CEO in the procurement activity?
The CEO of a business has asked his procurement manager to source new machinery for the factory. This machinery will help create a new line of products which will give the company a competitive edge. The CEO is heavily invested in this procurement activity as profits have been lower than...
Which of the following are not stages of team development? Select TWO.
Which of the following are not stages of team development? Select TWO.A . Forming B. Mourning C. Achieving D. Adjourning E. AcceptingView AnswerAnswer: C,E Explanation: This question is very, very similar to a real exam QUESTION NO: and is a really mean one. The CIPS study guide describes stages of...
Which category of spend would diamonds represent?
Beyond Say is a manufacturer of diamond rings. It sources a lot of different parts to create its products including diamonds, gold, cardboard boxes for the rings to go in, as well as stationary and copier paper for the offices. Although it doesn't buy many diamonds, these represent a large...
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.
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.A . end-users B. legal department C. customers D....
Intellectual Property Rights (IPR) include items such as copywrite and trademarks. A buyer is considering entering into a partnership with their supplier to create a new product which will be released in two years’ time. Should IPR be included into a contract between partners?
Intellectual Property Rights (IPR) include items such as copywrite and trademarks. A buyer is considering entering into a partnership with their supplier to create a new product which will be released in two years’ time. Should IPR be included into a contract between partners?A . Yes- IPR should always remain...
What is a disadvantage of doing this?
Harry runs a hotel and has recently decided to contract an external supplier to provide the cleaning of the rooms . What is a disadvantage of doing this?A . This allows staff to focus on other areas B. There is dependency on the supplier, which increases risk C. The supplier...
Which of the following would you use to qualify new suppliers? Select THREE.
Which of the following would you use to qualify new suppliers? Select THREE.A . commitment B. clean C. collection D. cost E. callView AnswerAnswer: A,B,D Explanation: This is based on a real exam question- it's looking to see if you can remember Carter's 10 Cs. These are; cash, cost, consistency,...
