EMT Practice Test

1. Question Content...

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Question1: Describe the key drivers for organisations who operate in the public, private and third sector (25 marks)

Question2: Explain what is meant by added value (5 points). Describe 4 ways the Procurement Department can add value for their organisation (20 points)

Question3: In the supplier selection part of the Procurement Cycle, what criteria can a Procurement Manager use to ensure they award to the best supplier? (25 points)

Question4: Jan is a Contracts Manager at ABC Ltd and has recently awarded a contract to XYZ Ltd. Describe how she can manage the contract and supplier, detailing ways of monitoring performance and adding value for ABC Ltd (25 marks)

Question5: Explain the main differences between the Public Sector and the Private Sector (25 marks)

Question6: What is meant by the 'Third Sector'? Describe the sector (10 points) and explain the main objectives of organisations who operate in this sector (15 points).

Question7: What is meant by the term 'centralised procurement'? (10 points) Explain 2 forms of Hybrid Procurement Structures (15 points).

Question8: What is an electronic system? Describe the following: e-requisitioning, e-catalogues, e-sourcing, e-payment technologies (25 marks)

Question9: What is a Public Sector organisation and what are the main objectives of organisations in the Public Sector?
(25 points)

Question10: Bob is a procurement manager at ABC Ltd. He has been asked to ensure all future purchases achieve
'value for money' for the organisation. What is meant by 'value for money'? (5 points). Describe 4 techniques that Bob could use to achieve this (20 points)

Question11: Explain the impact that having a Corporate Governance Framework can have on the policies and processes of the procurement department (25 points)

Question12: Describe the main differences between the three economic sectors: public, private and third. Your answer may make reference to the following: funding, ownership, shares, objectives and administration (25 marks)

Question13: Industry Sectors can be classified as Primary, Secondary and Tertiary. What is meant by an 'industry sector'?
Describe the main characteristics of and types of business you will find in these. (25 marks)

Question14: What is an electronic system? Describe the following: e-requisitioning, e-catalogues, e-sourcing, e-payment technologies (25 marks)

Question15: Describe regulation that govern the Public Sectors and explain how this may impact upon procurement activities (25 marks).

Question16: Discuss the importance and role of an organisation's branding in procurement and supply operations (25 marks)

Question17: Describe the main differences between a traditional procurement approach and supply chain management approach to buying (25 points)

Question18: It is important for an organisation to balance achieving Added Value and ensuring processes are compliant.
Explain the consequences of focusing on one area over the other and how an organisation can achieve both in its procurement activities (25 points).

Question19: Describe 3 stages of the sourcing cycle that occur in the post-contract award stage (25 marks)

Question20: Discuss 3 areas of regulation relating to competition that a procurement professional should be aware of (25 points)