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MNB1601 Assignment 5 questions & answers
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5/12/24, 12:30 PM Assessment 5: Attempt reviewMNB1601-24-S1 Welcome to MNB1601! Assessment 5
QUIZ
Started on Sunday, 12 May 2024, 11:36 AM
State Finished
Completed on Sunday, 12 May 2024, 12:30 PM
Time taken 53 mins 43 secs
Marks 20.00/25.00
Grade 80.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Moses works for Studio Grant, an interior design company which also manufactures custom-made pieces for clients. He is
the purchasing and supply manager and is responsible for purchasing the materials required to produce these bespoke
pieces. Which one of the following options represents an inventory-ordering cost for Moses?
Select one:
a. Cost of storage
b. Property tax
c. Insurance
d. Stationery
The correct answer is: Stationery
Question 2
Correct
Mark 1.00 out of 1.00
____________ is the process of making materials, methods, practices and techniques uniform.
Select one:
a. Standardisation
b. Specification
c. Grading
d. Certification
The correct answer is: Standardisation
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=19070157&cmid=845000 1/10
,5/12/24, 12:30 PM Assessment 5: Attempt review
Question 3
Correct
Mark 1.00 out of 1.00
The sustainability of suppliers is important for Toyota. Sustainability means firstly, that the supplier must be a viable business
and the business must be able to adapt and survive into the future. Toyota does not only purchase parts from suppliers, but
also develops suppliers’ capabilities. Supplier development will occur at which level of purchasing and supply planning?
Select one:
a. Strategic level
b. Tactical level
c. Operational level
d. Functional level
The correct answer is: Strategic level
Question 4
Correct
Mark 1.00 out of 1.00
Mielie Mailers, a proudly South African initiative, replaces single-use plastic courier bags with compostable counterparts
made with mielies. If Mielie Mailers were to approach a mielie farm and ask them to make an offer on their spoiled mielie
crops, which price determination method is being used?
Select one:
a. Published price list
b. Tender
c. Brochure
d. Negotiation
The correct answer is: Tender
Question 5
Correct
Mark 1.00 out of 1.00
Which one of the following statements correctly describes the term "right quality"?
The right quality is that quality that is _______________ .
Select one:
a. purchased at the lowest price, which satisfies a specific need and performs the function for which it was
purchased
b. inherently available to the organisation through purchasing and supply activities
c. managed by the purchasing and supply function in such a manner that the organisation is able to achieve its goals
and objectives
d. supplied in at the right time and at an acceptable and pre-determined level
The correct answer is: purchased at the lowest price, which satisfies a specific need and performs the function for which it
was purchased
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, 5/12/24, 12:30 PM Assessment 5: Attempt review
Question 6
Correct
Mark 1.00 out of 1.00
During the first step of the purchasing process, the need for materials is conveyed by means of a ___________________ .
Select one:
a. delivery note
b. requisition
c. reminder note
d. inspection report
The correct answer is: requisition
Question 7
Incorrect
Mark 0.00 out of 1.00
Which one of the following represents a level at which co-ordination of the purchasing and supply function occurs?
Select one:
a. Various purchasing and supply activities must be co-ordinated externally in the purchasing and supply function.
b. The purchasing environment (buyers) must be co-ordinated with purchasing activities.
c. The purchasing and supply function must be co-ordinated with other functional management areas.
d. The purchasing and supply function operates independently from other functions and as such, no co-ordination is
required.
The correct answer is: The purchasing and supply function must be co-ordinated with other functional management areas.
Question 8
Correct
Mark 1.00 out of 1.00
When it comes to the internal organisation of the purchasing and supply function, ____________ are used when each person
takes responsibility for buying a specific material or service.
Select one:
a. independent buyers
b. informal structures
c. specialist groups
d. cross-functional teams
The correct answer is: specialist groups
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=19070157&cmid=845000 3/10
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