Question 16
According to the STEEPLED analysis framework, what considerations are likely to be evaluated under the 'political' factor?
* Consumerism in the supply chains
* Grants and subsidies to the supply chains
* Civil unrest and war in the supply chains
* Wage rates in the supply chains
Question 17
Which of the following are value-added benefits? Select THREE that apply.
Question 18
Philip is working with a supplier where the annual spend is low but the market risk is high. What portfolio analysis category would be appropriate?
Question 19
A hospital awarded a contract to an IT consultancy to build and maintain their payroll and patient information systems. After a successful implementation, problems started to appear, with poor maintenance and accuracy of information, and slow response times from the supplier. After repeated problems, the decision to terminate the contract was agreed. Which of the following would be the priority legal concern for the hospital?
Question 20
Expensive and technically complicated supplies generally carry high financial risk, but low supply risk for the buyer. Is this statement correct?
