100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Essay

MNP3701 ASSESSMENT 1 SEMESTER 2 2024

Rating
-
Sold
-
Pages
46
Grade
A+
Uploaded on
08-08-2024
Written in
2024/2025

MNP3701 ASSESSMENT 1 SEMESTER 2 2024

Institution
Course











Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Course

Document information

Uploaded on
August 8, 2024
Number of pages
46
Written in
2024/2025
Type
Essay
Professor(s)
Unknown
Grade
A+

Subjects

Content preview

5/2/24, 9:14 PM Assessment 1: Attempt review




UNISA  2024  MNP3701-24-S1  ASSESSMENTS  Assessment 1

QUIZ




Started on Thursday, 4 April 2024, 11:28 AM
State Finished
Completed on Thursday, 4 April 2024, 11:58 AM
Time taken 30 mins
Marks 11.50/20.00
Grade 57.50 out of 100.00


Question 1
Correct

Mark 1.00 out of 1.00




_____ is the tendency of a rational group or team to arrive at a bad decision
when other information is available.


a. Process loss
b. Maverick spend
c. Groupthink 
d. Serendipity




Question 2

Not answered

Marked out of 1.00




Suppose a technology startup, is considering adopting an electronic
procurement (e-procurement) system to improve its purchasing operations.
How can the implementation of e-procurement contribute to the technology
startup's strategic sourcing initiatives?


a. By outsourcing procurement activities to third-party vendors.
b. By enhancing communication and collaboration between vendors.
c. By limiting communication channels with suppliers.
d. By increasing reliance on external suppliers.




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16888684&cmid=845072 1/8

,5/2/24, 9:14 PM Assessment 1: Attempt review

Question 3

Correct

Mark 1.00 out of 1.00




____ is the process of collecting historical data by commodity relative to
demand from the business lines, except for personnel expenses, occupancy,
and corporate spend.


a. Spend analysis 
b. Demand management
c. Category management
d. Supply analysis




Question 4
Incorrect

Mark 0.00 out of 1.00




When an internal customer has a need that comes up suddenly, which is not
planned for and for which no preexisting supplier is identified to provide the
product or service required, purchasing should use a/an ____ approach.


a. Long term agreement
b. Procure to pay 
c. Spot buy
d. E-procurement




Question 5
Incorrect

Mark 0.00 out of 1.00




_________ is a type of software that aids supply chain managers with the
automation of straightforward routine operations.


a. Global positioning systems 
b. Bot managers
c. Radio Frequency Identification
d. Cloud computing




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16888684&cmid=845072 2/8

,5/2/24, 9:14 PM Assessment 1: Attempt review

Question 6

Incorrect

Mark 0.00 out of 1.00




As a procurement professional, Sue is tasked with translating supply market
data into compelling insights used to solve some of the problems her
organisation is struggling with and enable organisational connections and
networking that accelerate business success. This statement refers to:


a. Reciprocity
b. Relationship capital
c. Supplier relationship management 
d. Process gain




Question 7
Correct

Mark 1.00 out of 1.00




According to the prescribed book, what does supply management require
regarding supplier relationships?


a. Arm’s-length or adversarial relationships
b. A mentor-mentee relationship where the supplier mentors the buyer in
becoming their own manufacturer
c. Win-lose relationships where the buying organisation always benefits
at the expense of the supplier
d. Direct working relationships with suppliers 




Question 8
Correct

Mark 1.00 out of 1.00




____ involves goods flowing out of business either to final customers or
elsewhere in the distribution system.


a. Inbound transportation
b. Demand and supply planning
c. Outbound transportation 
d. Measurement




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16888684&cmid=845072 3/8

, 5/2/24, 9:14 PM Assessment 1: Attempt review

Question 9

Incorrect

Mark 0.00 out of 1.00




Which one of the following statements would best represent an example of re-
shoring in South Africa?


a. JKL Limited decides to start producing their own brand of scented
candles to stock in their craft shops.
b. MNO Traders decides to import low-cost furniture from China 
instead of purchasing from more expensive South African
suppliers.
c. ABC Traders decides to purchase their computer parts from a supplier
in Namibia.
d. XYZ Inc decides to cancel their contract with an international supplier
of car parts and awards the contract to a South African manufacturer.




Question 10
Correct

Mark 1.00 out of 1.00




When a monopolistic supplier does not want to form a close relationship with a
supplier, it is referred to as:


a. resistance to change
b. limited interest by suppliers 
c. untrustworthiness
d. a legal barrier




Question 11
Incorrect

Mark 0.00 out of 1.00




In the downstream portion of a supply chain, ____ managers are responsible for
the actual movement of materials between locations.


a. operations 
b. logistics
c. purchasing
d. accounts




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16888684&cmid=845072 4/8
$4.30
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached


Also available in package deal

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
tatendamuzavazi financial intelligence
Follow You need to be logged in order to follow users or courses
Sold
1249
Member since
4 year
Number of followers
693
Documents
818
Last sold
5 days ago
Financial Intelligence Group

We offer assignment packs and summarized notes with vivid up-to-date examples and illustrations for different commercial and humanities degrees. Our aim is to make the learning process easier for the students in colleges and universities.

3.7

181 reviews

5
73
4
33
3
44
2
10
1
21

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions