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Guide for CIPS Procurement and Supply Environments

Quiz CIPS Procurement and Supply Environments

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/ 10

Quiz

1/10
The Equality Act in the UK was introduced in which year?
Select the answer
1 correct answer
A.
2019
B.
2001
C.
2010
D.
2011

Quiz

2/10
Sources of finance for a public sector entity are primarily (select one):
Select the answer
1 correct answer
A.
Sales revenues
B.
Taxpayers
C.
Long-term bank loans
D.
Delaying payments to suppliers

Quiz

3/10
Which of the following would be / should be subject to health and safety legislation?
Select the answer
1 correct answer
A.
All of them
B.
Smoking cigarettes inside offices, factories and other buildings
C.
The manual lifting of heavy objects
D.
Floors, passages and stairs should be properly constructed, maintained and kept clear
E.
The need for appropriate firefighting equipment in a factory

Quiz

4/10
The letters 'NFP' mean...
Select the answer
1 correct answer
A.
Newly focused (on) profit
B.
Not for procurement
C.
Non-funded purchase
D.
Not-for-profit

Quiz

5/10
On a diagram of the Product Life Cycle, the x-axis shows:
Select the answer
1 correct answer
A.
Growth
B.
Time
C.
Decline
D.
Profit

Quiz

6/10
Doing the same with fewer resources is:
Select the answer
1 correct answer
A.
Efficiency
B.
Effectiveness
C.
Economy
D.
E.
Efficiency.

Quiz

7/10
Thinking of Michael Porter’s Industry Structure Analysis (commonly referred to as Five Forces Analysis), the content of the centre circle is about:
Select the answer
1 correct answer
A.
Governmental regulation of competition within an economy
B.
Competitive rivalry within the industry
C.
Governmental interference in an industry
D.
Competitor price-cutting to increase market share

Quiz

8/10
As well as a Goods Received Note (GRN), three-way matching to authorise a payment to a supplier should involve two other documents. Which two?
Select the answer
2 correct answers
A.
Service Level Agreement
B.
Invoice
C.
Purchase Order
D.
Bill of Materials

Quiz

9/10
'Trade within major trading blocs tends to expand, whereas this is not necessarily the case regarding trade between major trading blocs'. True or false?
Select the answer
1 correct answer
A.
True
B.
False

Quiz

10/10
Think carefully. There is low consumer demand; production capacity is unused; prices are stable or are falling; busi- ness profits are low; unemployment is high; and business confidence is low. Is this:
Select the answer
1 correct answer
A.
Recovery
B.
Recession
C.
Boom
D.
Depression
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Info quiz:

  • Quiz name:CIPS Procurement and Supply Environments
  • Total number of questions:89
  • Number of questions for the test:50
  • Pass score:80%

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