Exam (elaborations)
NIGP CPP EXAM B FOCUS AREA I Q&A
- Course
- Institution
NIGP CPP EXAM B FOCUS AREA I Q&A
[Show more]
Content preview
NIGP CPP EXAM B FOCUS AREA I Q&AWhat is the perception of public procurement as a strategic partner? - ANSWER-It
has evolved over the years and identified a need to define values and guiding
principles for public procurement.
What is the importance of working with internal and external stakeholders and
advisers in public procurement? - ANSWER-It remains constant among public
procurement professionals and can change the shape and scope of a procurement.
What does good procurement planning require? - ANSWER-The gathering of
extensive information from both internal and external sources.
What are the guiding principles for public procurement? - ANSWER-They have not
been specified in the notes.
What is the role of procurement in serving the long-term interests of the
government? - ANSWER-To minimize business and technical risks, accomplish
social and economic objectives, maximize competition, and maintain integrity.
What is the importance of maximizing competition in public procurement? -
ANSWER-It serves the long-term interests of the government.
What is the importance of maintaining integrity in public procurement? - ANSWER-It
serves the long-term interests of the government.
What is the importance of accomplishing social and economic objectives in public
procurement? - ANSWER-It serves the long-term interests of the government.
What is the importance of minimizing business and technical risks in public
procurement? - ANSWER-It serves the long-term interests of the government.
What are the components of the basic goal of public procurement? - ANSWER-
Obtaining optimum market response at a fair price with quality and timeliness while
serving long-term interests.
What is the importance of exploring how the procurement function can provide
strategic value to governmental entities? - ANSWER-It changes the shape and
scope of a procurement.
What is a strategic plan? - ANSWER-A long-term plan reflecting company's direction
and purpose.
What is a tactical plan? - ANSWER-A short-term plan to achieve goals within a year
or less.
What do summary reports on finances, operations, and external environment help
with? - ANSWER-Developing strategic plans.
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 biggdreamer. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
70113 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 15 years now