QUESTION 38
Which of the following are valid strategies for dealing with conflict? Select THREE

QUESTION 39
Which of the following relationship types would you consider using for a Main Contractor on a building construction project, who will be responsible for co-ordinating the activities of other suppliers?

QUESTION 40
Red Manufacturing work with around 40 different suppliers. One of these suppliers is Blue Business. Red Manufacturing order regularly from Blue Business, and have never had any issues with their performance. The materials Blue Business supply are of low value and there are several other suppliers of these materials in the market. What type of relationship should Red Manufacturing seek to have with Blue Manufacturing?

QUESTION 41
What is the correct order of the stages of team development?

QUESTION 42
Why is it more difficult for buyers in the public sector to build relationships with suppliers?

QUESTION 43
Which of the following is characteristic of an adversarial relationship?

QUESTION 44
One of the fist stages of designing a Partnership is to come up with joint KPIs. These should be:

QUESTION 45
Which of the following macro-environmental factors can affect supply chains?

QUESTION 46
The procurement department is sourcing new uniforms for its housekeeping team. Although the housekeeping team in itself doesn’t hold a lot of power within the business, they have a high interest in the activity as it will be them who is wearing the items. When designing the specification, how should the procurement department manage the housekeeping team?

QUESTION 47
Which of the following are elements of a business that can develop a company’s competitive advantage? Select THREE.

QUESTION 48
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?

QUESTION 49
Which of the following relationship types are characterised by low levels of trust? Select TWO options

QUESTION 50
Which of the following are characteristics that differentiate between a partnership relationship and traditional contracting relationships? Select THREE.

QUESTION 51
A partnership relationship can be described as any relationship between a buyer and supplier where there is a good level of communication and both parties are happy with each other’s performance. Is this statement TRUE?

QUESTION 52
If a stakeholder has high power in a business but isn’t interested in your procurement activity, what should be your management style for dealing with this stakeholder?

QUESTION 53
Partnership sourcing is often considered a ‘high-risk’ strategy for a buyer. Which of the following is not a risk generally associated with partnership sourcing?

QUESTION 54
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 is the biggest risk to Grey Stone?

QUESTION 55
Which of the following is not a stage in the relationship life-cycle?

QUESTION 56
Mendelow’s Stakeholder Matrix categorises stakeholders into four groups and provides insight into how these stakeholders should be managed. What is a limitation to using this Matrix to categorise stakeholders?