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which of the following is not an enduring challenge in direct procurement?
a. Lack of human resources
b. Lack of investment
c. Lack of mandate
d. Lack of capacity - 🧠ANSWER ✔✔a. Lack of human resources
Which of the following is the description of Bottleneck Items?
a. These items have a low profitability, and a low risk factor.
b. These items have a low profitability, but a high risk factor.
,c. These items have a high profitability, and a high risk factor.
d. These items have a high profitability, but a low risk factor. - 🧠ANSWER
✔✔b. These items have a low profitability, but a high risk factor.
VARK?
a Vision - application - readiness - knowledge
b. Visual - auditory - read/write - Kinesthetics
c. Vision - auditory - read/write - kinesthetics
d visual - auditory - readiness - knowledge - 🧠ANSWER ✔✔b. Visual -
auditory - read/write - Kinesthetics
Which of the following is not a goal or objective of the procurement?
a. Cost savings
b. Workflow efficiency
c. Spending control
d. prospects finding - 🧠ANSWER ✔✔d. prospects finding
There are _____ primary objectives in stakeholder engagement related to
the actions and decision purchasing.
, a. three
b. five
c. four
d. two - 🧠ANSWER ✔✔c. four
What type of supply which is highly critical to buyers business but there are
limited sources of supply.
a. Leverage
b. Non-critical
c. Bottleneck
d. Strategic - 🧠ANSWER ✔✔d. strategic
Strategic: Highly critical to your business but there are limited sources of
supply. For example, a supplier of the critical component of the final
product.
Non-Critical: Important for day to day operations but there is a high
availability of alternate suppliers. Bottleneck: Not critical to business but
there are very limited sources of supply
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