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A common reason attributed to many partnerships failing is ...

A.

A bad advertising campaign

B.

Not winning every contract they bid for

C.

No contract being in place

D.

Poor communication

Which of the following is a valid reason for ending a relationship with a supplier?

A.

the supplier delivered one delivery late

B.

force majeur

C.

the contract has ended

D.

the supplier has a new CEO who you don't like

A company's analysis shows that some of their products from a supplier fall into the 'strategic' segment of the supply positioning grid. They are meeting with the supplier with the intention that they enter into a partnership. The supplier views the company as 'core' to their business. Which one of the following factors would be most important in determining that a partnership agreement would be good for both companies?

A.

They have a high spend with the supplier

B.

They have a low spend with the supplier

C.

Their products are technically simple

D.

There are many suppliers in the market

Which of the following options are legitimate reasons for terminating a contract? Select TWO that apply.

A.

You ordered 10,000 items instead of 1,000

B.

One of the contracted parties has clearly failed to perform its duties

C.

There has been a serious breach of contract terms

D.

Your internal stakeholder requested the wrong items

E.

Your MRP system placed a replenishment order that you do not need

Innovation is a key consideration when entering into a partnership. Is this statement true?

A.

Yes- joint innovation projects are often a strong motivation for entering into a partnership

B.

Yes- innovation is the only reason to enter into a partnership

C.

No- the key consideration when entering a partnership is cost reduction

D.

No- innovation is best achieved in a contractual relationship where KPIs can be monitored closely.

What is the correct order for the 5 stages of team development?

A.

Forming, storming, performing, adjourning, norming

B.

Storming, norming, adjourning, performing, forming

C.

Norming, adjourning, storming, performing, forming

D.

Forming, storming, norming, performing, adjourning

Early Supplier Involvement can be described as a collaborative relationship between a buyer and a supplier to develop a new project. Handfield’s model describes four different levels of supplier involvement ranging from none to ‘black box’ (which is when the design is primarily driven by the supplier. What other level features on this model?

A.

Blue Box – when the buyer creates the product without input from the supplier

B.

Red Box- when the supplier provides legal advice to the buyer on areas such as copywrite

C.

White Box – when there is informal integration and the buyer consults with a supplier on a design

D.

Grey Box – when the involvement is buyer driven

Which of the following is characteristic of an adversarial relationship?

A.

The communication is always poor

B.

The price is more important than the quality of the product

C.

They are only used for one-off purchases

D.

The outcome of the deal is more important than the long term relationship