Cppb test - Study guides, Class notes & Summaries

CPPB TEST - DOMAIN V QUESTIONS AND ANSWERS LAST-IN FIRST OUT (LIFO) - ANS ️️ Utilized in Private Sector. Due to taxes, it is beneficial to use the latest received item JUST-IN-TIME (JIT) INVENTORY - ANS ️️ Inventory system in which companies manufacture or purchase goods just in time for use. Technique focused on the inventory reduction and value- added activity. SCRAP - ANS ️️ Consist of ferrous and non-ferrous metal as well as non- metallic scrap such as wood, paper, plastic...

CPPB TEST - DOMAIN V QUESTIONS & ANSWERS 2024/2025

WHAT IS THE GOAL OF NEGOTIATION? - ANSWER To achieve a mutual goal referred as win-win agreement. STAGES OF NEGOTIATION - ANSWER 1. Planning 2. Actual Negotiation 3. Completion What are the objectives of a principled Negotiation? - ANSWER 1. produced a wise agreement 2. To be efficient 3. To achieve MUTUALLY satisfactory results for all parties FOUR PRINCIPLES OF NEGOTIATION - ANSWER 1. Separate people from the problem 2. Create a variety of options before deciding which pursue 3...

CPPB TEST - DOMAIN III QUESTIONS AND ANSWERS WHAT IS THE GOAL OF NEGOTIATION? - ANS ️️ To achieve a mutual goal referred as win-win agreement. STAGES OF NEGOTIATION - ANS ️️ 1. Planning 2. Actual Negotiation 3. Completion What are the objectives of a principled Negotiation? - ANS ️️ 1. produced a wise agreement 2. To be efficient 3. To achieve MUTUALLY satisfactory results for all parties FOUR PRINCIPLES OF NEGOTIATION - ANS ️️ 1. Separate people from the problem 2. C...

Fixed-Price Escalation/De-escalation - Answer- The procurement officer of the governmental agency has expressed serious concerns about the number of repetitive requisitions, solicitations and purchase orders that are being processed to purchase gasoline for the organization. Every time a new order is placed, another requisition is created and the prices paid by each department are not consistent; sometimes more and sometimes less depending on competition and timing. The buyer advises that the so...

The Materials Manager for the Utility department has to keep parts and materials in stock to maintain all 42 pump stations as well as all the infrastructure to keep the town citizens supplied with clean, pure, well water. This service has to be provided 24/7, and all essential maintenance, repair parts, and pumps must be readily available. These deep well pumps cost tens of thousands of dollars, but if they are maintained correctly, they can last over 10 years. What should be done with a dec...

CPPB TEST 2 QUESTIONS AND ANSWERS (GRADED A) CPPB TEST 2 QUESTIONS AND ANSWERS (GRADED A) CPPB TEST 2 QUESTIONS AND ANSWERS (GRADED A) CPPB TEST 2 QUESTIONS AND ANSWERS (GRADED A) Fixed-Price Escalation/De-escalation - ANSWER-The procurement officer of the governmental agency has expressed serious concerns about the number of repetitive requisitions, solicitations and purchase orders that are being processed to purchase gasoline for the organization. Every time a new order is placed, a...

CPPB TEST 2 QUESTIONS AND ANSWERS (GRADED A)CPPB TEST 2 QUESTIONS AND ANSWERS (GRADED A)CPPB TEST 2 QUESTIONS AND ANSWERS (GRADED A)CPPB TEST 2 QUESTIONS AND ANSWERS (GRADED A) Fixed-Price Escalation/De-escalation - ANSWER-The procurement officer of the governmental agency has expressed serious concerns about the number of repetitive requisitions, solicitations and purchase orders that are being processed to purchase gasoline for the organization. Every time a new order is placed, another requi...

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CPPB TEST - DOMAIN III QUESTIONS AND ANSWERS 100% correct! CPPB TEST - DOMAIN III QUESTIONS AND ANSWERS 100% correct! CPPB TEST - DOMAIN III QUESTIONS AND ANSWERS 100% correct! WHAT IS THE GOAL OF NEGOTIATION? - ANSWER-To achieve a mutual goal referred as win-win agreement. STAGES OF NEGOTIATION - ANSWER-1. Planning 2. Actual Negotiation 3. Completion What are the objectives of a principled Negotiation? - ANSWER-1. produced a wise agreement 2. To be efficient 3. To achieve MU...