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Which of the following are features of a partnership sourcing relationship compared with a traditional adversarial relationship? Select TWO that apply.

Options:

Emphasis on quality with zero defects

Emphasis on the lowest price

Emphasis on inspection of incoming supplies

Emphasis on short-term relationship

Emphasis on long-term relationship

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Question 2

If a stakeholder has high power in a business but isn’t interested in your procurement activity, what should be your management style for dealing with this stakeholder?

Options:

Keep them satisfied – they have high power

Keep them informed – they have high power

Manage closely – they’re a key player

Minimum effort is required as they’re not interested- do nothing

Question 3

Value for money is often described at the ‘three Es’; economy, efficiency and effectiveness. However some people consider a 4th E which refers to the public sector. What is the fourth E?

Options:

Equality

Environment

Equity

Ethics

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