Procurement Principles And Practice Sem 2 Quiz 1 Ucc CoDE 2020/2021 Past Questions & Answers

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1. Which of the following is a key part of a decision to outsource?

2. In order to ensure value for money organisations must strive for

3. The planning, organising and control of all aspect of inventory embracing procurement, warehousing, work-in-progress and distribution of goods is termed

4. A procurement professional might use internet-based research when

5. Under the peter kraljic's grid, what is the appropriate method of sourcing or procuring items that are classified as strategic items in an organisation?

6. All but one of the following is an importance of specification.

7. The type of specification where buyers describe what the product, part or material to be supplied should achieve or be used for is referred to as

8. From the buyer's point of view, the right quality means that the product is fit for purpose, and

9. Which of the following are agreed specific measures of the performance of a unit or an organisation, against which progress and performance can be evaluated?

10. A formal statements of performance requirements, specifying the exact nature and level of service to be provided by a service supplier, as part of a service specification is referred to as

11. Which of the following is not a type of Key Performance Indicator?

12. Which of the following best defines the cost that arise from quality failure, identifies and corrected after the finished product or service reaches the customer?

13. Which of the following is a purpose of supplier prequalification?
I.To avoid wasting resources on a tenderer based on lower price
II.To identify suppliers who are suitable and capable of fulfilling the
requirement
III. To assess a supplier's performance regarding the contract

14. All but one of the following is a dimension of quality

15. The appraisals of various aspects of the supplier capacity such as financials, quality assurance, organisational structure, processes and performance is referred to as

16. The terms purchasing and procurement are often used synonymously but which of the following statements provides a more refined distinction?

17. What happens to the procurement of Goods, works and service if the Right Quantity is not achieved?

18. What happens to the procurement of Goods works and service if the Right Quality is not achieved?

19. One main aim of E-procurement is increasing savings by sourcing items of the Right

20. The principal method for the procurement of goods, services and works is

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