Reference no: EM132283623

1. Which of the following dimensions can be used to measure and evaluate purchasing activities?

a. Price/Cost.

b. Complaints.

c. Number of staff.

d. Reputation.

2. Which of the following explains ‘Systems Audit’?

a. Assessing the internal quality and control system of an organization using a systems approach.

b. Assessing the control system of an organization using a systems approach.

c. Assessing the internal quality of an organization using a systems approach.

d. Assessing the external quality and control system of an organization using a systems approach.

3. Which of the following explains ‘Supply Chain’?

a. A series of companies (links) in which the consecutive stages of production of an economic product take place, from primary production to final consumer

b. A series of companies (links) in which the consecutive stages of production of an economic product take place from primary production.

c. A series of companies (links) in which the consecutive stages of production of an economic product take place.

d. A series of companies (links).

4. Which one of the following best describes what investments are made by the company in terms of new products and technology, and what products will be taken out of the market for the years to come?

a. Operational phase

b. Business alignment strategy

c. Implementation phase

d. Planning phase

5. Which of the following explains ‘Audit Process’?

a. The process audit is a systematic investigation of the extent to which the (technical) processes are capable of meeting the established standards in a predictable way.

b. The process audit is a systematic investigation of the extent to which the (technical) processes are capable of meeting the established standards.

c. The process audit is a systematic investigation of the extent to which the (technical) processes are capable of meeting the future standards in a predictable way.

d. The process audit is a snap check on the extent to which the (technical) processes are capable of meeting the established standards in a predictable way.

6. Which of the following explains ‘Purchasing Authority’?

a. This allows a manager to legally bind their external partner.

b. This allows a manager to legally bind their company to an external partner.

c. This allows a manager to link their company to an external partner.

d. This allows a manager to legally bind their company to an internal partner.