When developing a supplier partnership, a buyer can take either a strategic or reactive approach. What would be a reason for a reactive approach?
A restricted market is a market where there are only a small number of capable and competent suppliers. Which of the following is not a reason for a marketplace to be restricted?
Which of the following relationship types are characterised by low levels of trust? Select TWO options
Which of the following are considered ‘wastes’ which can be removed from a business? Select THREE.
In which procurement process is a PQQ not issued?
A partnership relationship in portfolio analysis is appropriate for which category of procurement?
A supermarket is struggling with sales and has done an analysis on its competitors. It has discovered that it has two major competitors; one provides groceries at a much cheaper price and another that provides only organic products. The supermarket has decided that it wants to continue providing groceries to a wide target audience but that it will compete by offering superior customer service. What is the supermarket's source of competitive advantage?
Which of the following are elements of a business that can develop a company's competitive advantage? Select THREE.
Victoria runs a hotel and has recently had several security issues such as attempted robberies. She has decided that she needs to hire a security firm to ensure these issues don’t continue. She has done some research and has found there are several local security firms who may be able to provide services to her hotel. However, she hasn’t decided exactly what she would require the security firm to do. What should be Victoria’s next steps?
One of the fist stages of designing a Partnership is to come up with joint KPIs. These should be:
