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CIPS
CIPS
A7 Free Questions
CIPS A7 Quiz:1 Topic:1 Questions:1-5

Home
CIPS
CIPS
A7 Free Questions
CIPS A7 Quiz:1 Topic:1 Questions:1-5

CIPS A7 Quiz:1 Topic:1 Questions:1-5

Free Practice Mock Questions Set 1-5 (Quiz # 1) for CIPS A7 Exam, according to official CIPS An Introduction to Purchasing Strategy exam syllabus topic # 1

Question: 1

With which of the following is vendor rating mainly concerned?

ASecuring the lowest possible cost for purchases

BEnsuring that future deliveries are made on time

CEnsuring that supplier capacity is sufficient

DMeasuring the suppliers performance over time

Answer : A

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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?

AA buyer to be developed

BA buyer to be exploited

CA buyer to become a partner

DA buyer to be regarded as a nuisance.

Answer : D

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Question: 3

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

APorters five force analysis

BValue chain analysis

CMultiple regression analysis

DPEST analysis

Answer : D

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Question: 4

Which of the following statements describing the objectives of a purchasing department best represents a strategic approach to the function?

AOptimizations of the total cost of ownership

BPrimary focus: to keep production running

CThe measurement of price reductions

DSome long term contracts.

Answer : B

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Question: 5

If a manufacturing organization is pursuing a strategy of cost leadership, which of the following would best represent the main focus of its purchasing effort?

AThe sourcing of highly differentiated products and components

BThe sourcing of mainly branded products and components

CThe sourcing of low cost standardized products and components

DThe sourcing of low cost non-standard products and components.

Answer : C

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