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| Section | Weight | Objectives |
|---|---|---|
| Ethical and Sustainable Procurement | 15-20% | - Ethical sourcing considerations - Supply chain transparency - Environmental sustainability in procurement - Modern slavery and fair trade - Corporate Social Responsibility (CSR) |
| Practical Application Scenarios | 15-20% | - Recommendation and justification skills - Problem-solving and decision-making - Applying theory to real-world procurement situations - Case study analysis |
| Supplier Relationship Management | 20-25% | - Supplier performance measurement (KPI, scorecards) - Supplier development and improvement - Supplier relationship types - Partnership and collaboration models - Risk management in supplier relationships |
| Procurement Process and Procedures | 25-30% | - Requirements gathering and specification - Procurement cycle stages - Purchase ordering and goods receipt - Supplier selection methods - Contract award criteria |
| Strategic Sourcing and Category Management | 20-25% | - Spend analysis techniques - Category segmentation - Strategic sourcing process - Supplier segmentation and criticality analysis |
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NEW QUESTION # 91
Which type of power is most likely to be used in corruption?
Answer:
Explanation:
The abuse of power within the supply chain can be linked to corruption. If individuals with seniority favor one supplier over another, they can exercise their power to award the contract to whoever they wish. According to CIPS code of conduct, this is not acceptable.
According to French and Raven, there are five types of power (Legitimate power, Reward, Expert, Referent and Coercive), and these powers can most likely be used in corruption.
NEW QUESTION # 92
What is CSR policy?
Answer:
Explanation:
Corporate Social responsibility (CSR) policies state how organizations aim to contribute towards the community and how an organization portrays itself towards social impacts.
NEW QUESTION # 93
What are the five stages in Tuckman's team Development model?
Answer:
Explanation:
See the answer in explanation.
Explanation:
Tuckman's team development model depicts from where a team is formed to the various stages they might experience before the end where the objective is achieved and these includes.
1) Forming: here they are just being put together
2) Storming: conflict and competition begin to arise
3) Norming: here agreement and consensus is reached as roles and responsibility is clear.
4) Perform: They start carrying out the roles and responsibility
5) Adjourning: Task is complete and they are discharged
* Refer to the question column for response
NEW QUESTION # 94
What are five recognized types of modern slavery?
Answer:
Explanation:
Modern slavery is against ethical and responsible sourcing. Modern slavery is one of the areas to understudy for procurement professionals to carry out ethical and responsible sourcing and this is recognized in five ways.
1. Human trafficking: The process of seeking, recruiting, transporting and exploiting individuals to work against their will. Often human trafficking includes violence, deception, and coercion.
2. Bonded labour (debt bondage): This is an individual's promise to provide service through ex-ploitation as repayment, or part thereof, of a dept or other obligation.
3. Forced labour: Work that people are forced to do with the treat of punishment if it is not carried out.
4. Children labour: The exploitative and illegal employment of children.
5. Domestic slavery: Individuals exploited through working in private households for little or no money in return for living accommodation.
* Refer to the question column for response
NEW QUESTION # 95
What are the five stages in Tuckman's team Development model?
Answer:
Explanation:
See the answer in explanation.
Explanation:
Tuckman's team development model depicts from where a team is formed to the various stages they might experience before the end where the objective is achieved and these includes.
1) Forming: here they are just being put together
2) Storming: conflict and competition begin to arise
3) Norming: here agreement and consensus is reached as roles and responsibility is clear.
4) Perform: They start carrying out the roles and responsibility
5) Adjourning: Task is complete and they are discharged
NEW QUESTION # 96
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