Procurement - Study guides, Class notes & Summaries

Bribery correct answer: an attempt to influence the decisions of a procurement professional through enticement with a POTENTIAL PERSONAL BENEFIT How is bribery different than conflict of interest? correct answer: bribery is the benefit RECEIVED by procurement is SPECIFICALLY in exchange for a PARTICULAR RESULT Conflict of Interest (COI) correct answer: the POSSIBILITY of influence by a PERSONAL or FINANCIAL interest, and the potential benefit to employee is undefined Statewide Procur...

L4M1 - CIPS: Scope and Influence of Procurement and Supply with Complete SolutionsL4M1 - CIPS: Scope and Influence of Procurement and Supply with Complete SolutionsL4M1 - CIPS: Scope and Influence of Procurement and Supply with Complete Solutions Artificial Intelligence (AI) - ANSWER-Machines that display human-like intelligence Assets - ANSWER-The value of everything an organisation owns Audit - ANSWER-A systematic inspection of a process or procedure to assess compliance with requiremen...

MNL2601 ASSESSMENT 2 SEMESTER 2 2024 Bernard Brass and Bruce Avolio (1990) identified factors that constitute the practice of transformational leadership. Which transformational leadership factor is illustrated in the following example? Example: John is the procurement manager of a large retailer and acts as a strong role model for his followers. Transformational Leadership factors A Intellectual stimulation B Inspirational motivation C Idealised influence D Individualised consideration

Test Bank for Operations and Supply Chain Management, 17th Edition 17e by F. Robert Jacobs and Richard Chase. ISBN-13: 1271 Full Chapters test bank included Section One: Strategy, Products, and Capacity Chapter 1: Introduction Chapter 2: Strategy Chapter 3: Design of Products and Services Chapter 4: Projects Chapter 5: Strategic Capacity Management Chapter 6: Learning Curves Section Two: Manufacturing and Service Processes Chapter 7: Manufacturing Processes Chapt...

Procurement Technology - Correct Answer-Helps accelerate business improvements Results Oriented Budgeting - Correct Answer-Attempts to link a resource allocation to performance criteria Budget Cycle - Correct Answer-1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - Correct Answer-payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - Correct Answer-1. separate people f...

NIGP - CPP MODULE B NR (FROM NIGP - CPP MODULE B BOOK (1-70) STARTING AT #61 (DILLION RULE) IS FROM THE HIGHLIGHTED INFORMATION ON SLIDES) LATEST QUESTIONS WITH 100% CORRECT ANSWERS!!

CPPB Exam Questions & Answers 2024/2025 Procurement Technology - ANSWERSHelps accelerate business improvements Results Oriented Budgeting - ANSWERSAttempts to link a resource allocation to performance criteria Budget Cycle - ANSWERS1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - ANSWERSpayment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - ANSWERS1. separate peo...

Supply chain integration - correct answer Supply chain integration requires the procurement professional to develop strategic collaboration with key supply chain partners and understand customer requirements. Behaviours to enhance innovation - correct answer Pellathy identified 3 key behaviours that affect how individuals engage with each other: 1, Task behaviours - how an individual executes tasks of their role 2, Organisational citizenship - the quality of a person's interpersonal actio...

L4M8 Procurement & Supply in Practice Questions and Answers 100% Pass How many stages are there within the CIPS Procurement Cycle? - Correct Answer ️️ - The CIPS procurement cycle has 13 stages: 1. Understand need and develop a high-level specification. 2. Market/commodity options including make-versus-but assessment. 3. Develop strategy/plan. 4. Pre-procurement market tests and market engagement. 5. Development of required documentation, e.g. request for quotation (RFQ). 6. Supplie...

Principle stakeholder - initiates project, assumes risk, provides funding - Answer- Owner Protect public health, safety and welfare - Answer- AHJ - Authorities Having Jurisdiction Address planning issues, determine design program, identify codes and regulations, produce procurement and construction documents, administer construction contract, *provide QA/QC procedures* - Answer- Design Team Entity that constructs a facility. Uses management abilities to gather labor forces, subs, and ma...