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FMT203_Procurement and Contract Management_SU1

Authored by Alphonsus Ee

Professional Development

University

Used 8+ times

FMT203_Procurement and Contract Management_SU1
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10 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Which of the following is NOT a government procurement principle?

Obtain value for money offers

Obtain the lowest possible cost

Open competition

Transparency

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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Best value is the relationship between the _____ and the ______ of the goods and services.

cost; quality

budget; price

cost; quantity

budget; quality

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Which of the following best describes the purpose of facility planning?

Enhance the facilities within the organisation.

Ensure the clients' resources are fully utilised.

Support changes in the client organisation.

Address service providers' requests.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Which of the following is NOT part of CSR ?

selecting responsible suppliers

improving the working condition of staff

penalising service providers for not meeting the agreed service levels

engaging local service providers to provide the services

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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Which of the following is NOT a factor to consider when outsourcing?

Whether there will be competitive advantage

Whether operating efficiency will be increased

Whether the client has experienced staff and technicians

Whether there will be tax advantages

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Which of the following best describes outsourcing?

A practice used by companies to reduce costs by transferring portions of work to external service providers rather than completing it internally.

The process of manufacturing the goods using raw materials.

The process by which businesses develop their influence or start operating on an international scale.

The practice of apportioning work to internal and external service providers to get work completed.

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Co-sourcing can be characterised as ______.

competition

collaboration

outsourcing

insourcing

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