System Procurement - Chapter 1

What is the primary benefit of effective system procurement?

• Ensures alignment with business needs

• Increases employee satisfaction

• Reduces the need for training

• Simplifies the procurement process

Which of the following is NOT a benefit of effective system procurement?

• Reduces costs

• Enhances decision-making

• Increases manual processes

• Mitigates risks

Effective system procurement helps in:

• Ensuring compliance with regulations

• Ignoring strategic goals

• Avoiding innovation

• Deteriorating supplier relationships

Which of the following is NOT a role of procurement in achieving business objectives?

• Supports strategic goals

• Facilitates innovation

• Ensures compliance with regulations

• Increases regulatory violations

Procurement helps in improving supplier relationships by:

• Negotiating unfavorable terms

• Ensuring timely payments

• Ignoring supplier feedback

• Reducing communication

Who is responsible for the overall management of the procurement process?

• IT Specialist

• Procurement Manager

• Finance Department

• Legal Advisor

Which stakeholder provides technical expertise during the procurement process?

• Procurement Manager

• IT Specialist

• Users/Business Representatives

• Suppliers

Who ensures that the procurement process complies with legal standards?

• Procurement Manager

• IT Specialist

• Legal Advisor

• Finance Department

Which stage involves identifying the business needs and conducting a needs analysis?

• Specification

• Identifying Suppliers

• Needs and Requirements

• Procurement

The stage where potential suppliers are researched and evaluated is known as:

• Needs and Requirements

• Specification

• Identifying Suppliers

• Procurement