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CIPS L3M2 - Ethical Procurement and Supply

Page: 2 / 3
Total 90 questions

Finding new potential suppliers using the internet might be known as:

A.

e-sourcing

B.

e-scouring

C.

e-souring

D.

e-auction

Key Performance Indicators could be said to be:

A.

SWART

B.

SMART

C.

SHARP

D.

START

The abbreviation ‘PDCA’ represents the words:

A.

Plan do check assess

B.

Purchase do check act

C.

Procure, distribute to customers actively

D.

Plan do check act

According to the Profex textbook for this subject, specifications are said to be ‘the heart of the con-tract'.

A.

The book then goes on to say the goods supplied must be of satisfactory:

B.

Quality

C.

Cost

D.

Sturdiness

E.

Quantity

It is thought that the cause of a negative variance in the materials budget is the poor negotiation skills of procurement staff. Which of the following (select two) would be a move in the right direc-tion to remedy this situation?

A.

Replace the Head of Procurement

B.

Use competition to find suppliers with lower prices

C.

Provide effective negotiation training for procurement staff

D.

Increase stockholding of the materials in QUESTION NO: to ensure supply

The usefulness of lifetime costing is for decision-making about whether to acquire an asset with an expected:

A.

After life

B.

Shelf life

C.

Short life

D.

Long life

Select the two words which explain least well why the procurement of services can be more chal-lenging than the procurement of physical products:

A.

Intangible

B.

Variable

C.

Permeable

D.

Inseparable

E.

Perishable

F.

Unimaginable

The supplier appraisal model attributed to Dawn Dadds, is, as shorthand:

A.

FACE2FACE

B.

NOSE2NOSE

C.

MAN2MAN

D.

HEAD2HEAD

Spot the odd one out.

A.

Effectiveness

B.

Ecology

C.

Efficiency

D.

Economy

The objective of value engineering has been described as:

A.

Doing more with the same

B.

Doing more with less

C.

Doing more with more

D.

Doing more with your time