Quiz Lesson 3 Practical Management Frameworks
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Question 1 of 9
1. Question
In a Dutch procurement auction, what action does a supplier have to take in order to win?
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Question 2 of 9
2. Question
What is the only sourcing strategy that is never used as the final phase of a multi-phase sourcing process?
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Question 3 of 9
3. Question
Which of these is a type of data used in sourcing analytics that is not typically used in spend analytics?
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Question 4 of 9
4. Question
What do organizations typically use sourcing analytics to measure?
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Question 5 of 9
5. Question
Why is “impact sourcing” often regarded as a high-leverage business process?
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Question 6 of 9
6. Question
Which of the following is true of cherrypick awards but NOT supplier selection awards?
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Question 7 of 9
7. Question
In a Japanese procurement auction, what action does a supplier have to take in order to win?
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Question 8 of 9
8. Question
Why are second price auctions rare in strategic sourcing projects?
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Question 9 of 9
9. Question
To ensure successful value analysis, what process should you complete and validate with stakeholders before requesting a quote from suppliers?
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