Procurement-   Which of the following is not a risk of countertrade?   A. Receiving product of greater quality than the specifications require   B. Possibility of poor-quality goods and services   C. Development of unprofitable deals   D. Acceptance of goods and services that do not match marketing channels

Q: Explain the term Standby Commitments?

A: A standby commitment generally refers to a formal contract by an organization agreeing to lend a…

Q: 4 Framework Agreements are a common form of procurement in the public sector. a) What is commonly…

A: a) FRAMEWORK AGREEMENTS:     The framework agreements sets various terms and conditions under which…

Q: One of the disadvantages of a contract manufacturer is the retention of market control. True or…

A: Introduction: In contract manufacturing, companies do not manufacture their own products but have…

Q: In an effort to communicate purchasing desires to a supplier, a company may share a supplier's sales…

A: The effective management of an organization's resources search and a combination of efficiency and…

Q: 6/ A company may have many Vendors depending on its size and industry in which it operates. Explain…

A: Organizations managing various operations in market cannot operate in isolation or all by…

Q: Kindly Highlight the following Details: 1. Describe the steps of the procurement process flow of any…

A: Procurement is the process which involves activity of a particular business for the purchase of…

Q: Procurement-   Selecting and managing waste handling suppliers does not require the same rigor as…

A: Procurement is most usually connected with companies because companies require to request services…

Q: What issues might arise from "implicit dependencies" in package management?

A: The idea of "implicit dependencies" has both potential advantages and major drawbacks in the context…

Q: The combination of supplier invoice and associated supporting documentation creates a

A: In an organization, there is always a need to make changes as per the requirement of the situation…

Q: SLO 7.1. The purpose of a requisition is: To request or requisition supplies from external…

A: The purpose of a requisition is to provide an official request for goods or services that an…

Q: Purchasing covers a broader scope than procurement and covers both acquisitions from third parties…

A: Statement: Purchasing covers a broader scope than procurement and covers both acquisitions from…

Q: Which of the following is not a type of product defect:      A. Manufacturing   B. Design   C.…

A: Though there are numerous instances in which a defective product could injure a person, defects that…

Q: What are the corporate security risks with regard to vendor relations?

A: Vendor relationship management is focused on seeing the relationship among vendors with all due…

Q: Procurement is defined as the process of establishing terms and conditions for acquiring goods and…

A: The cost included from procurement to delivering the goods are called as logistics cost. This…

Q: To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower…

A:

Q: 1. You are organizing a May Madness dog show and must purchase ribbons for the first place, second…

A: The Statute of Frauds is a legal doctrine that outlines certain types of contracts that must be in…

Q: What type of a business approach is an NDA (non-disclosure agreement)

A: An NDA is a written contract or agreement between two parties which might be individuals or…

Q: Discuss the activities and content specific concerns associated with contracting for and embarking…

A: Organization development is the process of implementing strategies, procedures, and techniques that…

Q: Explain the information which a buyer wil gather about a supplier before contract negotiation

A: The buyer-supplier contract negotiations are generally based upon the fairness present in it.  It is…

Q: Procurement is defined as the process of establishing terms and conditions for acquiring goods and…

A: Electronic commerce, commonly referred to as e-commerce, is the buying and selling of goods and…

Q: As a purchasing manager for a manufacturer of domestic appliances you are to source the door seal…

A: An individual and organization to whom the company gives the contract to purchase the raw materials,…

Q: Discuss how can a guarantor protect themselves when entering into a continuing guarantee agreement?

A: In a continuous guarantee arrangement, one party (the guarantor) commits to continuing or continuing…

Q: What are the obligations of the vendor?

A: The vendor is bound to transfer the ownership of and deliver as a warrant which is is the object of…

Q: What's the difference between a standard commercial contract and an outsourcing contract? Which of…

A: Note - Hi! Thank you for the question As per the honour code, We’ll answer the first question since…

Q: Discuss the difference between procurement and purchasing. Explain and discuss deeply

A: Purchasing and procurement are the terms that are mostly used interchangeably. Many organizations…

Q: b) Suggest possible measures/ solutions that can be un

A: Electronic procurement systems are a significant advancement in the buying process, providing…

Q: What are the major reasons that organizations use to ban or blacklist some of the listed or…

A: Organizations may have various reasons for banning or blacklisting suppliers from their list of…

Q: buyers could be the following individuals ?        a.  Customers and suppliers      b.   Workers…

A: A buyer is a person who buys products from the manufacturer directly for the purpose to showcase it…

Q: identify critical components of the procurement cycle

A: NOTE: We are allowed to do one question only.  Ans 1. Procurement is the process of getting supplies…

Q: The primary component of a successful central market auction system is: A. Establishing a widely…

A: The correct option is B i.e. Buyer and sellers agreeing to adjustment factors for quality.

Q: 16. Backward integration is achieved through a. A coalition of the firm's suppliers. b. The purchase…

A: Backward integration generally occurs when the organization wishes to obtain complete control over…

Q: describe did a supplier quality improvement project improve supplier quality by the intended amount?

A: Dealing with the quality of suppliers is of prime significance in supply chains to limit costs…

Q: specialists into procurement whereby they can add their expertise to commercial decisions. Would you…

A: I completely agree with the above statement, as Technical experts are the one who have knowledge…

Q: Consider a case of a public entity thinking of procuring construction services for its citizens. The…

A: The objective of this question is to identify and discuss four principles of public procurement that…

Q: Which of the following is not a risk of taking legal action against a supplier?    A. Loss of…

A: Which of the following is not a risk of taking legal action against a supplier? B. Embarrassing