Question 1

At which stage of team development, the team members express frustration about constraints that slow their individual or the team's progress?

Options :

A : Norming

B : Performing

C : Storming

D : Forming

Answer: C

Question 2

Product or service that has large impact on profit is only produced by internal suppliers. Is this true?

Options :

A : Yes, because all high value products or services are core business to any company

B : No, because external suppliers with high degree of expertise may be more cost effective

C : Yes, because it is always cheaper to make a product or service in-house

D : No, because because all high-value products also have high supply risk

Answer: B

Question 3

Which of the following is a characteristic of a traditional contracting agreement?

Options :

A : Emphasis on mutual trust between purchaser and supplier

B : Emphasis on quality assurance based on zero defects

C : Emphasis on single source arrangement

D : Emphasis on short-term business relationships

Answer: D

Question 4

The use of technical jargon can result in what?

Options :

A : Misunderstanding

B : Lack of trust

C : Increased price

D : Lack of transparency

Answer: A

Question 5

George is running a competition to find a supplier to install solar panels on the roof of his factory. The energy this produces will power some of the machines. Cost is an important factor, but there are also other considerations that are important such as how long the solar panels will last, and the maintenance costs if they ever break. What should George do?

Options :

A : Use a weighted award criteria

B : Only invite suppliers he knows will be able to provide good quality products which won’t break

C : Run a separate tender for a company who can provide reactive maintenance to the solar panels

D : Evaluate the bids on price only as this is an important factor

Answer: A

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