What are the risks of outsourcing?
Loss of control of a project
Loss of assets
Loss of future business opportunities
Loss of private information
A prequalification questionnaire can allow a buyer to determine whether or not a potential supplier shares the same ethical values at an early stage of a procurement process. Obtaining confirmation that a supplier has not previously been convicted of breaches of modern slavery legislation belongs to which form of evaluation criteria?
During the quality assurance of a supplier, Margaret is looking for an international standard that shows the supplier's commitment to sustainable procurement. What document should the supplier provide to show this?
The gross profit of a company can be calculated by using a simple formula. What is this?
Ramesh is a procurement manager who is looking at his supplier base. He is pursuing a sourcing strategy with the aim of enabling logistical cost reductions. He has made the decision to scale-down his supplier base and purchase from one supplier.
Which type of sourcing arrangement has Ramesh began?
A balance sheet will show a company's assets, liabilities and shareholder equity. What is share-holder equity?
Which of the following areas of legislative and regulatory requirements prevent the deliberate limit-ing of supply and the formation of cartels?
One of the typical selection criteria applied in determining the right supplier is ‘technical capabilities’, which might include …
You have been asked to purchase 500 pens of a specific brand. You decided to use a weighted points system for assessment of proposals. Is this approach appropriate?
When assessing social responsibility elements of a supplier's proposal, what type of supporting evidence could a supplier provide?
