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What is a disadvantage of including qualitative KPIs into a contract?
What is a disadvantage of including qualitative KPIs into a contract?A . They can lead to poor supplier performance B. They pull focus from the more important quantitative KPIs C. They are hard to measure D. They make the buyer seem weakView AnswerAnswer: C Explanation: The correct answer is ‘They...
What is the Manager's main motivation for doing this?
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...
The Queen Victoria is a traditional British pub which serves a range of alcoholic beverages. It has a partnership relationship with a local brewery which supplies several types of beer and cider. Logistics is a key concern for the Queen Victoria as deliveries must be made when there is room in the cellar to store the barrels of beer and cider. In what ways could the logistics risk be reduced?
The Queen Victoria is a traditional British pub which serves a range of alcoholic beverages. It has a partnership relationship with a local brewery which supplies several types of beer and cider. Logistics is a key concern for the Queen Victoria as deliveries must be made when there is room...
Which of the following could be used?
In the public sector, there are many sources of information that a buyer can use to identify a suitable supplier . Which of the following could be used? Select THREEA . Intranet B. Tradeshows C. OJEU D. Internal stakeholders’ knowledge E. Procurement PlatformsView AnswerAnswer: B,D,E Explanation: The correct answers are;...
What is the biggest risk to Grey Stone?
Grey Stone Memorial Hospital is a private medical facility which has an idea for a vaccine to a deadly disease, but does not have the capacity to make the vaccine itself. It is considering partnering with a well-known pharmaceutical company in order to bring the vaccine to market . What...
Which of the following could be barriers to entry for Brian Air?
Brian Air is a company that is trying to break into the air transport market . Which of the following could be barriers to entry for Brian Air? Select THREEA . economies of scale B. access to capital C. licences and permits D. health and safety E. ethical sourcingView AnswerAnswer:...
Which of the following are considered ‘wastes’ which can be removed from a business? Select THREE.
Which of the following are considered ‘wastes’ which can be removed from a business? Select THREE.A . Over-processing B. Stockout C. Equity D. Transportation E. InventoryView AnswerAnswer: A,D,E Explanation: The seven wastes (as defined by Taiichi Ohno) can be remembered as Tim Wood; transportation, inventory, motion, waiting, over-processing, over-production, defects....
Which of the following ‘wastes’ is being removed from the business?
Agile Cars Ltd is creating a ‘lean’ business model which involves receiving deliveries of components only when they are required . Which of the following ‘wastes’ is being removed from the business?A . Transportation B. Defects C. Over-production D. InventoryView AnswerAnswer: D Explanation: This would reduce inventory (holding stock). Inventory...
What are these four categories?
According to Mendelow, there are four ways stakeholders can be managed, depending on the amount of power they have, and how interested they are in your project . What are these four categories?A . Keep satisfied, keep informed, minimal effort, no effort B. Manage closely, manage loosely, keep satisfied, keep...
Which of the following factors would you use to analyse the macro-environment? Select THREE.
Which of the following factors would you use to analyse the macro-environment? Select THREE.A . social B. cultural C. political D. philosophical E. legislativeView AnswerAnswer: A,C,E Explanation: STEEPLE is what is used to analyse the macro-environment; the factors are; social, technological, economic, environmental, political, legislative and ethical. Details of this...
