Question 1

What type of purchase would you be making for things that are of value to a business, such as machinery or buildings? They are assets to a business, and their value depreciates over time.

Options :

A : Capital purchase

B : Revenue purchase

Answer: A

Question 2

What does the term OEM stand for?

Options :

A : Original engineering maker

B : Original engineering manufacturer

C : Original equipment maker

D : Original equipment manufacturer

Answer: D

Question 3

Transport, Inventory, Motion, Waiting, Over Production, Over Processing and Defects are more commonly known as what?

Options :

A : The 7 Processes

B : The 7 Wastes

C : The 7 Sins

D : The 7 Procurements

Answer: B

Question 4

There are 2 types of specifications, what are they?

Options :

A : Capacity and Price

B : Commodity and Production

C : Conformance and Performance

D : Customer and Prevention

Answer: C

Question 5

At what stage of the tendering process would you make a recommendation and seek approval from an authorised person before awarding the contract?

Options :

A : Award

B : Evaluate

C : Prepare

D : Process

Answer: A

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