Question 1

Buyers can compare several products and services on an e-marketplace without the need for a formal procurement or sourcing process

Options :

A : TRUE

B : FALSE

Answer: A

Question 2

Which of the following are correct for an extranet? Select all that apply

Options :

A : Can provide information to suppliers about the sourcing process

B : Suppliers and customers can access an e-sourcing system by registering their details in the portal

C : Used to locate and connect with suppliers or customers

D : All of the above

Answer: D

Question 3

Supplier and customer websites are likely to contain the information such as – select all that apply

Options :

A : The type of goods or services that the organisation provides

B : Where they are based

C : Who their customers are

D : All of the above

Answer: D

Question 4

What can analysing historical data can reveal? Select all that apply

Options :

A : How frequently it purchased, and the volumes it purchased

B : If more than one part of the organisation purchased an item

C : What an organisation has purchased in the past

D : All of the above

Answer: D

Question 5

Each organisation needs to balance the cost of quality and the impact that defects in a product or service can have on their reputation.

Options :

A : TRUE

B : FALSE

Answer: A

Free L2M4 Mock Exam – Practice Online Confidently