EMT Practice Test

1. Question Content...

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Question1: Explain which company you would award the contract to base on the weighted score card in table below.

Question2: Explain why risk should be evaluated prior to the disposal of any assets.

Question3: What are the four quadrants within the Kraljic portfolio matrix?

Question4: Which Incoterm applies here?
The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination, covering the cost of both the transport and the insurance to cover this. Again, the supplier bears all risks until the goods are delivered to the buyer at their named place.

Question5: Write down a list of assets that belong to an organization with which you are familiar.

Question6: Explain how influencing, can relate to corruption within procurement.

Question7: What is the method of monitoring suppliers?

Question8: How can procurement professionals select suppliers?

Question9: What is PQQ and what does it include?

Question10: Which type of power is most likely to be used in corruption?

Question11: Looking at stage 8 of the procurement and supply cycle, what does TCA mean?

Question12: What are five recognized types of modern slavery?

Question13: What are the 3Ps in the triple bottom line.

Question14: Which sector most frequently uses invitation to tender?

Question15: What matrix helps to define how to manage stakeholders?

Question16: Describe a situation where amendment or an addendum would need to be created

Question17: Describe three ways in which a buyer could or test the market in other to assist with determining a need.

Question18: What are the four stages of decommissioning?

Question19: Which Incoterm applies here?
The supplier is responsible for delivering the goods to the buyer's premises, bearing all risk up until this point.

Question20: What Incoterm applies here?
The supplier is responsible for delivering the goods to a carrier or to an intermediate agreed place. From this point, the buyer is responsible for ensuring these goods reach their named destination.

Question21: Describe five types of contract terms that a procurement professional should create with a supplier when forming an agreement.

Question22: What Incoterm applies here?
The supplier is responsible of placing the goods in the hands of a chosen carrier by the buyer, at which point the buyer takes on the risk.

Question23: Explain the concept of the 3Ps/TBL and how it can be used by an organization.

Question24: What are Carter's 10Cs?

Question25: Explain how a lack of understanding of a global supplier's culture and ethical behavior could cost buying organization money.

Question26: What two areas of an organization do the Kraljic Portfolio matrix uses to establish the category of a product or service?

Question27: Which Incoterm applies here?
The supplier is responsible for delivering the goods to the buyer's premises include arranging any custom clearances that applies, bearing all risk up until this point.

Question28: Explain which factors should be considered when deciding the quantity of a product to order.

Question29: What are the ILO and ETI?

Question30: When benchmarking what other factors, apart from price should be considered to find the total cost of acquisition?

Question31: What Incoterm applies here?
The goods are considered 'delivered' at the point of release from the supplier's premises or another name place. The supplier is not responsible for loading or transporting the goods and does not have to arrange export clearance - this must be arranged by the buyer. The risk is on the buyer from this point.
a) EXW - Ex Works
b) FCA - Free Career
c) CPT - Carriage Paid To
d) CIP - Carriage and Insurance Paid to

Question32: Research the values and ethical code of practice of an organization with which you are familiar.

Question33: What is contract performance review and continuous improvement?

Question34: Which Incoterm applies here?
The supplier is responsible for delivering the goods to a point alongside a water vessel (such as a dock or quay) as determined by the buyer at a named port. Once delivered, all risk is transferred to the buyer until the goods are transported and delivered to their name destination.

Question35: Explain how procurement should decide whether to make or buy a product or service.

Question36: What is Iso 14001?

Question37: Create a list of tangible, intangible, direct and indirect needs within an organization with which you are familiar.

Question38: Why is it important to have adequate procedures in place within an organization in relation to bribery?