NEW QUESTION 26
Which of the following is not a type of tender process used in the Public Sector?

NEW QUESTION 27
If a stakeholder has high power in a business but isn’t interested in your procurement activity, what should be your management style for dealing with this stakeholder?

NEW QUESTION 28
In Public Sector procurement a PIN is sent out to inform suppliers of an upcoming tender opportunity. What does PIN stand for?

NEW QUESTION 29
Value for money is often described at the ‘three Es’; economy, efficiency and effectiveness. However some people consider a 4th E which refers to the public sector. What is the fourth E?

NEW QUESTION 30
Which of the following is characteristic of an adversarial relationship?

NEW QUESTION 31
Which of the following is an advantage for the suppler of entering into a partnership with a buyer?

NEW QUESTION 32
A competitive advantage can be gained by doing what?

NEW QUESTION 33
The Public Sector in the UK is unable to enter into formal partnership relationships with any supplier. Is this statement TRUE?

NEW QUESTION 34
A doctor’s surgery requires a complex database system to manage all of its patients data, which is highly sensitive. The system also needs to link to other departments of the health service such as physiotherapy and intensive care. The Manager of the surgery is considering outsourcing the management of the database to an IT company. What is the Manager’s main motivation for doing this?

NEW QUESTION 35
Which of the following are not stages of team development? Select TWO.

NEW QUESTION 36
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?

NEW QUESTION 37
Mendelow’s Stakeholder Matrix categorises stakeholders into four groups and provides insight into how these stakeholders should be managed. What is a limitation to using this Matrix to categorise stakeholders?

NEW QUESTION 38
Rachel and Jacky work in the procurement department of Foddy Foods Ltd. They have been told by their CEO to build better relationships with strategic suppliers as this will create value for money for the company. In what ways can value for money be achieved by building strong relationships with suppliers? Select TWO.

NEW QUESTION 39
When developing a supplier partnership, a buyer can take either a strategic or reactive approach. What would be a reason for a reactive approach?

NEW QUESTION 40
Which of the following documents would you expect a supplier to submit as part of a Request for Proposal? Select THREE