Where there is transformational change coupled with a slow rate of change, is this:
The Grain Building Limited company contracts with many smaller suppliers on projects where agents can create uncertain working conditions, including changes to the scope of work, start times and late changes. The work is often affected by the weather, shortages of parts, or client indecision. To mitigate this, Grain Building Limited contracts with known and reliable suppliers on the basis of the cost-plus pricing model.
Which is the correct meaning of the term "cost-plus"?
Which of the following describes a tender process run under a framework agreement where the tender only includes price and limited aspects of quality?
Thinking about the STEP / PESTEL / STEEPLE model, into which two categories would taxation most suitably fall?
Which of the following approaches could a purchasing organisation use to reduce the level of detail in a specification, without increasing the risk of an unsuccessful procurement process?
Increase the use of acronyms and abbreviations
Cross-refer to recognised industry standards
Require tendering suppliers to propose specifications
Provide samples to demonstrate the requirements
Tiger Rolls Bakery is a small local baker requiring a continuous supply of flour and butter for their products. These items are in plentiful supply, due to the standardised nature of the items, they are bought regularly on a spot purchase approach from a range of market suppliers. Tiger Rolls Bakery has an electronic purchase order system that they use to place orders with the suppliers. On the back of each purchase order issued, Tiger Rolls Bakery includes a copy of their commercial contracting terms.
Which of the following describes the Tiger Rolls Bakery commercial contracting terms?
If the speed of change was incremental, and the extent of change was realignment, what single term might we use to describe this change?
Which two of the following actions are most likely to be carried out by the supplier?
Which one is not part of Lewin’s Force Field Analysis model (overcoming resistance to change)?
A key performance indicator (KPI) that records the frequency and timeliness of goods arriving at a warehouse is related to which of the following?
TESTED 23 Feb 2025
