CIPS An Introduction to Purchasing Strategy A7 Exam Questions

Page: 1 / 14
Total 148 questions
Question 1

Which of the following best describes a technique for analysing the wider external environment?



Answer : D


Question 2

From a supplier's point of view, which of the following might best represent a buyer with very high demands relating to quality but with only a modest amount to spend?



Answer : D


Question 3

An organization buys critical components from a supplier that has a monopoly in the market. Which of the following best describes the transaction of the buying organization?



Answer : A


Question 4

'A pull system is one in which a customer's order pulls the materials through the supply chain in such a way as to minimize work in progress'. Which of the following best fits this definition?



Answer : B


Question 5

Which of the following could be considered as a 'value statement' for an organization?



Answer : C


Question 6

Which of the following best categorises the following definition: 'A way of managing an organization so that every job, every process, is carried out right, first time, every time?



Answer : C


Question 7

Which of the following best describes The inequality curve that results from a graphical representation of the percentage of annual spend against the percentage number of suppliers receiving that spend?



Answer : C


Page:    1 / 14   
Total 148 questions