Which of the following best explains purchasing role in contract management?

Which of the following best explains purchasing role in contract management?
 a. Lead or coordinate negotiations with suppliers
 b. Award contract based on competitive bidding
 c. All of the choices.
 d. Award contract based on negotiations
 e. Determine how many suppliers from whom to request bids

Question 2

The technology that has been developed to integrate marketing operations and corporate strategy is
 a. enterprise reporting.
  b. data warehousing.
  c. functional integration software.
  d. a and b above.
  e. a and c above.

Question 3

The following represents activities involved in demand management EXCEPT:
 a. Setting policies & procedures that aid consumption and total expenditures of a category of spend
 b. Monitor product or service quality across the supply base
 c. Establish set of standards to limit supply base to preferred suppliers who always comply to requirements
 d. Ensure appropriate levels of capacity in supply base to minimize risk
 e. Optimization of sourcing strategies

Question 4

E-commerce resource tools include
 a. CD-ROM.
  b. optical scanners.
  c. smart cards.
  d. all of the above.
  e. none of the above.

Question 5

The performance advantages obtained by the purchasing department by efficient management of its supply base:
 a. New-Product development
 b. Technology & Delivery
 c. Quality
 d. All of the choices.
 e. Product cost

Question 6

In e-commerce, who defines gratification?
 a. Suppliers
  b. Web site developers
  c. Web retailers
  d. Customers
  e. Customer service representatives

Question 7

The purchasing department must manage its operations effectively and efficiently by performing the following steps EXCEPT:
 a. Identify future materials or service needs
 b. Determine appropriate staffing levels
 c. Providing professional training and growth opportunities to employees
 d. Developing and adhering to administrative budgets
 e. Introducing improved buying channels within the P2P system

Question 8

Which of the following are necessary for electronic commerce to function?
 a. Electronic equipment and networks
  b. Electronic equipment and transaction systems
  c. Electronic equipment, networks, and transaction systems
  d. Electronic equipment, networks, transaction systems, and secured transfer systems
  e. None of the above

Question 9

The supplier relationship management (SRM) is a process that manages entire sourcing life cycle which includes identifying abilities of a supplier, complete sourcing event, ________, execute an order and determine payment.
 a. provide detailed product/service specifications
 b. none of the choices
 c. conduct total cost analysis
 d. conduct supplier audit
 e. negotiate a contract

Question 10

Which is the correct execution for a retail business?
 a. Information basis
  b. Catalogs and brochures
  c. Telemarketing
  d. Not possible to determine in general
  e. All of the above