Search Header Logo

Understanding Public Procurement

Authored by Luke Chekata

Financial Education

12th Grade

Understanding Public Procurement
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is public procurement?

Public procurement refers to the government providing services to the private sector.

Public procurement is the process by which government entities purchase goods and services from the private sector.

Public procurement is the method by which citizens buy goods from the government.

Public procurement is the process of selling goods to the government.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the main objectives of public procurement?

Eliminating competition among suppliers

Maximizing government revenue

The main objectives of public procurement are efficiency, transparency, competition, value for money, social and economic development, and compliance with regulations.

Reducing public sector jobs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Describe the stages of the public procurement process.

The stages of the public procurement process include Planning, Market Research, Solicitation, Bidding, Evaluation, Awarding, Contract Management, and Closure.

Assessment, Selection, Contracting, Delivery

Planning, Research, Implementation, Review

Proposal, Negotiation, Execution, Feedback

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of transparency in public procurement?

Transparency promotes accountability, prevents corruption, and fosters trust in public procurement.

Transparency reduces the quality of public services.

Transparency limits competition among suppliers.

Transparency increases costs in public procurement.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does competition affect public procurement outcomes?

Competition decreases the number of suppliers available.

Competition has no impact on public procurement outcomes.

Competition enhances pricing, quality, and innovation in public procurement.

Competition leads to higher costs and reduced quality.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the common methods of procurement used in public sectors?

Open tendering, restricted tendering, request for proposals (RFP), direct procurement, framework agreements

Negotiated contracts

Supplier partnerships

Single-source procurement

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the importance of supplier selection in public procurement.

Supplier selection is irrelevant in public procurement.

Supplier selection is important in public procurement to ensure quality, cost-effectiveness, timely delivery, risk minimization, competition, transparency, and strong supplier relationships.

Supplier selection only affects private sector contracts.

Supplier selection is solely based on personal relationships.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?