NEW QUESTION 74
Contract terms are statements by the parties to the contract as to what they understand their rights and obligations to be under the contract. It is important from the outset that there is a genuine agreement between the parties as to what the contract terms are. After the contract has been made, it is too late for either party to alter its terms unilaterally. Which of the following is another role that negotiated contract terms might play?

NEW QUESTION 75
Spot the one which is one of the seven wastes.

NEW QUESTION 76
According to CIPS, procurement and supply management for CIPS members is a(n) (choose best fit):

NEW QUESTION 77
Where there is transformational change coupled with a slow rate of change, is this:

NEW QUESTION 78
Which of the following is a qualitative key performance indicator?

NEW QUESTION 79
‘A person may exert power on the basis of their formal authority or status’ Which of the French and Raven sources of power is being described here?

NEW QUESTION 80
‘A person who solves difficult problems with original and creative ideas’. From the Belbin ‘problem solving / thinking’ section:

NEW QUESTION 81
Which of the following would be suitable key performance indicators (KPIs) for suppliers’ performance?
* Ensure you have customer loyalty
* Value or percentage of cost reductions obtained
* Win an award in the next 12 months
* Percentage of on-time in-full deliveries

NEW QUESTION 82
‘Using resources to a more productive effect, either by producing more output with the same re-source, or using less resource to obtain the same output’. This is a description of:

NEW QUESTION 83
‘A person who sees the big picture. Thinks accurately and carefully. May lack energy and the ability to inspire others’.
Which one Belbin’s team roles is being described here?

NEW QUESTION 84
A buyer is in the process of supporting colleagues internally in the drafting of a specification for a new product. They have limited personal knowledge of the product and of the market. They are at the very early stages of drafting the specification and are seeking to increase their knowledge, whilst at the same time, keeping their likely future needs a commercial secret at this stage. Which of the following would be the best method of achieving this?

NEW QUESTION 85
R Meredith Belbin made a distinction in his work between ‘solo leaders’, who were kind-of historic leaders; and ‘team leaders’ who are seen as being leaders for modern times, or are ‘of the future’.
From the list shown, select the one answer which represents the team leader, rather than the solo leader.

NEW QUESTION 86
The creation of the internet / world wide web is an illustration of what kind of turbulence within the environment?

NEW QUESTION 87
Which one of the following is unlikely to appear in an organisational procurement manual?

NEW QUESTION 88
Continuous improvement – making small changes in operations and activities in a never-ending way – is called in Japanese:

NEW QUESTION 89
‘All procurement requirements valued at more than $100,000 must be competitively tendered, and any contracts arising therefrom must be signed by the Procurement Director’. This is an example of a:

NEW QUESTION 90
Which two of the following actions are most likely to be carried out by the supplier?

NEW QUESTION 91
According to CIPS / Profex, which one of the following is not a connected stakeholder? Select one.

NEW QUESTION 92
Which of the following departments would be both internal customers and internal suppliers of an organisational procurement function? Select all that apply.

NEW QUESTION 93
Which of the following are key performance indicators (KPIs) that could be used to monitor the safety of a workplace? Select TWO that apply.