Sheth K. A.
Quiz by , created more than 1 year ago

UNIVERSITY OF CAPE COAST COLLEGE OF DISTANCE EDUCATION PROCUREMENT AND SUPPLY CONTEXT SAMPLE QUESTION (LEVEL 200)

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Sheth K. A.
Created by Sheth K. A. over 1 year ago
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PROCUREMENT AND SUPPLY CONTEXT SAMPLE QUESTION (LEVEL 200)

Question 1 of 6

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1) ……………….. may be defined simply as providing or making something available, often in response to a buyer’s or customer’s requirements.

Select one of the following:

  • a) Procurement

  • b) Supply chain

  • c) Supply

  • d) Purchasing

Explanation

Question 2 of 6

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2) Purchasing function of an organization involves the acquisition of supplies or inputs (raw materials, components, goods, and services) to the organization’s activities for conversion, consumption, or resale.

Select one of the following:

  • True
  • False

Explanation

Question 3 of 6

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3) The following are functions of procurement except,

Select one of the following:

  • a) Supply market monitoring and identifying a potential source of supply.

  • b) Providing input to the preparation of specifications

  • c) Clerical and administrative tasks: record keeping, report generation, and processing of documentation.

  • d) Conversion of raw materials into a finished product

Explanation

Question 4 of 6

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4) Procurement is a wider term than purchasing.

Select one of the following:

  • a) False

  • b) True

  • c) Not applicable

Explanation

Question 5 of 6

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5) …………………….. may be defined as the process of acquiring goods, works, and services for an organization with an allocated resource.

Select one of the following:

  • a) Supply

  • b) Procurement

  • c) Supply chain

  • d) Value addition

Explanation

Question 6 of 6

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6) ………………….. are actions individuals or organizations perform which confer a benefit, but do not result in the ownership of anything.

Select one of the following:

  • a) Service

  • b) Goods

  • c) Work

  • d) Raw materials

Explanation

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