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NEW QUESTION 32
Kirsty is designing a specification for a new contract and wants to include some qualitive KPIs for the new supplier, as well as quantitative. Which of the following could she include? Select TWO.

• A. Cost savings
• B. Early supplier involvement
• C. Deliveries in full and on time
• D. Trust
• E. Information sharing

Answer: D,E

Explanation:
The correct answers are information sharing and trust. Further qualitative KPIs are listed on p.102. Deliveries in full and on time would be a quantitative KPI and early supplier involvement is not a KPI at all.

NEW QUESTION 33
What is collaborative inertia?

• A. Where a third party is invited to join a partnership.
• B. the concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts
• C. When a partnership is unable to create new ideas
• D. A situation when the apparent output from collaboration is considerably less than expected

Answer: D

Explanation:
The correct answer is 'A situation when the apparent output from collaboration is considerably less than expected'. This is verbatim the definition given in the study guide on p.166 A synergy is the concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts.

NEW QUESTION 34
Which of the following is an advantage for the suppler of entering into a partnership with a buyer?

• A. They may gain an increased volume of business
• B. They no longer have to try as hard to win business.
• C. There is more flexibility when selling the product
• D. The Intellectual Property Rights of the buyer become yours

Answer: A

Explanation:
The correct answer is 'They may gain an increased volume of business'. The other options are just not true. See p.130 for advantages and disadvantages of partnerships from both the buyer and supplier's perspective. This is a hot topic for the exam.

NEW QUESTION 35
The Public Sector in the UK is unable to enter into formal partnership relationships with any supplier. Is this statement TRUE?

• A. Yes- the Public Sector is regulated by EU procurement regulations which prohibits this
• B. Yes- the Public Sector is unable to enter partnerships because they operate in a monopoly market
• C. No- the Public Sector can enter into partnership relationships when contracts are over the threshold value.
• D. No- the Public Sector can enter into partnership relationships with suppliers providing they have tendered the opportunity

Answer: A

Explanation:
The correct answer is 'Yes- the Public Sector is regulated by EU procurement regulations which prohibits this'. This is stated on p.122. Please note that this study guide and exam were written before Brexit. Once Brexit happens, nobody knows what will happen with this.

NEW QUESTION 36
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