A buyer has a requirement to purchase 1,000 widgets for a manufacturing company. The widgets are critical for the next stage of the manufacturing process. What would be the key selection criterion for this buyer?

• A.Ability to deliver by the deadline
• B.Ability to produce low-cost widgets
• C.Ability to meet ISO standards
• D.Ability to add value to the order

Comment: *

Name: *

Email: *

Verification: *

In public sector procurement, according to EU legislation, certain items must be procured via open- competition. What type of items are these?

• A.Items that are imported from outside the EU
• B.Items of high value
• C.Items of strategic importance
• D.Items that are produced by lots of suppliers

Comment: *

Name: *

Email: *

Verification: *

When using competitive forces theory, suppliers are powerful in which of the following situations? Select THREE that apply.

• A.There are few substitute products
• B.The product is highly differentiated
• C.There is potential for backward integration
• D.The switching costs are high
• E.The volume purchased is not important
• F.The product is undifferentiated

Comment: *

Name: *

Email: *

Verification: *

Sandra is a buyer for a large supermarket and has been increasing unhappy with the performance of a long-term supplier of bananas. Over time the deliveries have become unreliable and this has had impacts on the supermarket's profitability. What should Sandra do first?

• A.Obtain business approval to terminate the contract
• B.Develop an exit strategy
• C.Review the market and look for an alternative supplier
• D.Give written notice to the supplier of plans to terminate

Comment: *

Name: *

Email: *

Verification: *

A team within a manufacturing company have been tasked to develop a new product for production. Initially, the team had a lot of ideas but disagreed on the design. They have now agreed and finalised the design and have assigned roles within the team, but are yet to complete the first production run. What stage of development is the team?

• A.Forming
• B.Storming
• C.Performing
• D.Norming

Comment: *

Name: *

Email: *

Verification: *