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Multiple choice questions: set A

Try the following questions to test your understanding of this chapter. Once you have finished, click on the 'Submit Answers for Grading' button to get your results.
This activity contains 15 questions.

Which of the following statements do you think has greatest validity?


Purchasing has a broader meaning than procurement Procurement is broadly equivalent to purchasing. Procurement has a broader meaning than purchasing. None of the above

Which sequence is most typical of the procurement process?


Originator to buyer to approver to supplier. Supplier to originator to approver to buyer. Originator to approver to buyer to supplier. Approver to originator to buyer to supplier. None of the above

One aim of e-procurement is increasing savings by sourcing items ______.


from the right source of the right quantity at the right price of the right quality none of the above

One aim of e-procurement is increased choice of supplier leading to sourcing items ______.
delivered at the right time of the right quantity at the right price from the right source none of the above

One aim of e-procurement is increased reliability by sourcing items ______.


from the right source of the right quality at the right price of the right quantity none of the above

One aim of e-procurement is increasing savings by bulk buying of items ______.


of the right quantity of the right quality from the right source at the right price none of the above

Production related procurement refers to the purchasing of:


office supplies.

information systems. raw materials. furniture. none of the above.

Negotiated contracts with regular suppliers typically in long-term relationships is an example of:
e-procurement. MRO sourcing. spot sourcing. systematic sourcing. none of the above.

Fulfillment of an immediate need, typically of a commoditized item for which it is less important to know the credibility of the supplier is an example of:
MRO sourcing. spot sourcing. e-procurement. systematic sourcing. none of the above.

For B2B transactions involved with e-procurement, the merchant site should facilitate:
initial purchases. modified rebuys.

st raight rebuys. partially complete orders. all of the above.

Ch 1

________ are the resources that provide utility value to all other resources.
Men Material Money Machinery

The term procurement stands for


recruitment and selection training and development pay and benefits

health and safety

The characteristics of human resources are ________ in nature


homogeneous heterogeneous ductility None of the above

Identify the managerial function out of the following functions of HR managers.


procurement development organizing performance appraisal

Which of the following is an example of operative function of HR managers?


planning organizing procurement controlling

The scope of human resource management includes


procurement development

compensation All of the above

Human resource management is normally ________ in nature.


proactive reactive combative None of the above

The human resource management functions aim at


ensuring that the human resources possess adequate capital, tool, equipment and material to perform the job successfully helping the organization deal with its employees in different stages of employment improving an organizations creditworthiness among financial institutions None of the above

Which of the following aptly describes the role of line managers and staff advisors, namely HR professionals?
Staff advisors focus more on developing HR programmes while line managers are more involved in the implementation of those programmes. Line managers are concerned more about developing HR programmes whereas staff advisors are more involved in implementing such programmes. Staff advisors are solely responsible for developing, implementing and evaluating the HR programmes while line managers are not all involved in any matters concerning HR. Line managers alone are responsible for developing, implementing and evaluating the HR pro

Which of the following is not a main element of the project management process?
Plan. Monitor. Estimation. Schedule. Systems design.

Which of the following is not a main project objective?


Time. Structure. Cost. Quality.

Which of the following is a main PRINCE project aim?


Meet specified quality. Deliver on schedule. Stay within budget. Meet specified quantity. All of the above.

Which of the following could trigger a mid-stage assessment in a PRINCE project?


Stage tolerance levels have been exceeded.

Stage progress check. When it is required to start the next stage before the end-stage assessment. End-stage assessment. The first, second and third answers.

Which of the following are claimed as advantages of the AON method over the AOA method of network diagram notation?
AON diagrams have a clearer notation than AOA. Most computer software uses the AON approach. AON do not need dummy activities to maintain the relationship logic. There has been historically greater use of the AON method. The first, second and third answers.

Which of the following is especially useful for monitoring project progress against plan?
Network diagrams. Capacity loading graphs. Gantt charts. Flow diagrams. All of the above.

Which of the following is not a reason to reduce project completion time?


Reduce new product development time to market. Eliminate project critical path.

Avoid penalties for late completion. Release resources for other projects. Gain incentives for early completion.

Which of the following are benefits of the network analysis approach?


Eliminate need for management judgement. Allows progress to be monitored against plan. Avoid need to use structured approach. Derive error free forecasts. None of the above.

A Gantt chart indicates: (Note: more than one answer is correct.)


activities occurring in parallel. overall elapsed time on project. the sequence of activities. elapsed time of different activities on project. none of the above.

A project can be considered to have failed if it: (Note: more than one answer is correct.)
does not meet the business requirements. overran significantly on estimated delivery date.

was significantly over budget. does not meet the users' requirements. none of the above.