Other
MNP3701 ASSESSMENT 3 SEMESTER 2 2024
- Course
- Institution
MNP3701 ASSESSMENT 3 SEMESTER 2 2024
[Show more]
Seller
Follow
tatendamuzavazi
Reviews received
Content preview
9/14/24, 5:21 AM Assessment 3 (page 4 of 4)UNISA 2024 MNP3701-24-S2 Assessment 3
QUIZ
Time left 0:01:20
Question 16
Answer saved
Marked out of 1.00
A/An _____ is defined as a contract purchase routinely made over a relatively limited time horizon.
a. long-term
b. short-term
c. spot
d. cost-sharing
Clear my choice
Question 17
Answer saved
Marked out of 1.00
Suppose an organisation receives a claim presented by a contractor upon completing a construction project. What should the
organisation demand to evaluate the contractor s actual costs accurately and appropriately in the claim?
a. A general overview of the claim that summarises the primary cost components without delving into a highly detailed
breakdown of each aspect.
b. A detailed breakdown of the claim into the maximum possible number of components and a meticulous outline of
how all hourly rates, equipment costs, overhead, and profit were derived.
c. Assessing the claim on face value as complete and comprehensive.
d. Encouraging the contractor to present a well-rounded claim that considers the current and possible future expenses.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=22219215&cmid=846733&page=3 1/2
,9/14/24, 5:21 AM Assessment 3 (page 4 of 4)
Question 18
Answer saved
Marked out of 1.00
Which one of the following options would best describe a buyer’s ability to collect and analyse quality-related data as one of
the factors in managing supplier quality?
a. Supply management must develop and employ real-time research and tracking systems that collect and share
supplier-related quality data across the organisation.
b. Suppliers providing less-than-desirable quality performance will require closer management and tracking from
supply management.
c. Suppliers should be assisted with the application of quality concepts, techniques and tools to ensure quality data is
collected from these sources.
d. Supply management must manage the data of suppliers of critical items more closely than the data of suppliers of
standard, easy-to-obtain items.
Clear my choice
Question 19
Answer saved
Marked out of 1.00
In Total Cost of Ownership (TCO), _____ is the amount paid to the supplier for the product, service, or capital equipment.
a. selling price
b. usage cost
c. purchase price
d. opportunity cost
Clear my choice
Question 20
Answer saved
Marked out of 1.00
Toyota is assessing the potential profitability of a new vehicle model using break-even analysis. The analysis shows that the
break-even point in units has increased compared to previous estimates. Which of the following strategies would Toyota
likely consider to address this increase in the break-even point?
a. Reduce the number of vehicle features to decrease the cost per unit.
b. Increase the production volume to reduce the cost per unit.
c. Increase the price of the vehicle to reduce the number of units needed to break even.
d. Decrease the marketing budget to cut costs.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=22219215&cmid=846733&page=3 2/2
, 9/14/24, 5:20 AM Assessment 3 (page 3 of 4)
UNISA 2024 MNP3701-24-S2 Assessment 3
QUIZ
Time left 0:01:29
Question 11
Answer saved
Marked out of 1.00
Managers with a ‘laissez-faire’ management style could be best described as _____
a. Micromanagers want to be in charge of every component of the purchasing process.
b. Managers with a hand’s-off management style, e.g., limiting their involvement in the purchasing process
c. Managers taking a team approach to their management style, e.g., all purchasing decisions should be made in a
team
d. Over eager managers who want to improve the quality processes involved in the purchasing process continuously
Clear my choice
Question 12
Answer saved
Marked out of 1.00
Which one of the following costs occurs before providing the product to the customer?
a. Appraisal
b. Internal failure
c. Prevention
d. External failure
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=22219215&cmid=846733&page=2 1/2
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tatendamuzavazi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.39. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83637 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now