SCM - FINAL EXAM COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW!!
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 - 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. - 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 - 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 - 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 - 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 - 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
, Leverage: Highly critical but the higher availability of alternate suppliers.
which of the following is seen as part of indirect Spend?
a. Freight related to raw materials and packaging
b. Raw meterials
c. repair
d. packaging - c. repair
Raw Materials and Packaging (RM & Pack) are commonly seen as part of Direct
spend
Indirect spend typically includes Maintenance, Repair, Operation (MRO), Capital
Expenditure (CAPEX), and Corporate Services.
The _____ is one of the most effective ways to deliver accurate supplier
segmentation
a. BCG Matrix
b. Kralijic Matrix
c. Ansoff Matrix
d. Tows Matrix - b. Kralijic Matrix
Which of the following is the description of strategic items?
A. These items have a high profitability, and a high risk factor
b. These items have a high profitability, but a low risk factor
c. These items have a low profitability, and a low risk factor
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW!!
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 - 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. - 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 - 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 - 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 - 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 - 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
, Leverage: Highly critical but the higher availability of alternate suppliers.
which of the following is seen as part of indirect Spend?
a. Freight related to raw materials and packaging
b. Raw meterials
c. repair
d. packaging - c. repair
Raw Materials and Packaging (RM & Pack) are commonly seen as part of Direct
spend
Indirect spend typically includes Maintenance, Repair, Operation (MRO), Capital
Expenditure (CAPEX), and Corporate Services.
The _____ is one of the most effective ways to deliver accurate supplier
segmentation
a. BCG Matrix
b. Kralijic Matrix
c. Ansoff Matrix
d. Tows Matrix - b. Kralijic Matrix
Which of the following is the description of strategic items?
A. These items have a high profitability, and a high risk factor
b. These items have a high profitability, but a low risk factor
c. These items have a low profitability, and a low risk factor
