Scope of pr - Study guides, Class notes & Summaries

CIPS L4M1 Scope and Influence of Procurement and Supply Questions with Complete Solutions.

CIPS L4M1 Scope and Influence of Procurement and Supply Questions and Answers Graded A+ What is Procurement? Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? Is the ACT of physically ordering and buying something. What is Supply? Is the INFRASTRUCTURE which ensures that products and services get from supplie...

CIPS L4M1 Scope and Influence of Procurement and Supply correctly answered 2024 What is Procurement? - correct answer Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? - correct answer Is the ACT of physically ordering and buying something. What is Supply? - correct answer Is the INFRASTRUCTURE which ensures that...

ANCC PMHNP Role and Scope of Practice Questions and Answers Already Passed State Legislative Statutes: What do they do? (law created by the state) -They are the Nurse Practice Act -Provides Title protection, -Grants legal authority; -Define Scope of Practice , -Defines advanced practice, -Puts restrictions on practice, -Sets credentialing requirements, -Sets grounds for disciplinary actions, -May require a Collaborative agreement Statutory Law (written law created by legislat...

L4M1 - CIPS: Scope and Influence of Procurement and Supply-Questions and Answers Competitive Dialogue with negotiation Correct Ans-Multi-stage process involving negotiation with the bidders Compliance Correct Ans-Conformed to rules and regulations

Artificial Intelligence (AI) - ANSWER Machines that display human-like intelligence Assets - ANSWER The value of everything an organisation owns Audit - ANSWER A systematic inspection of a process or procedure to assess compliance with requirements or regulations Batch Quantity - ANSWER Amount of products produced at a time Benchmark - ANSWER Compare an element of one business, such as price, quality or service, against another Bid - ANSWER Offer of a price, may be a response to a...

CIPS L4M1 Scope and Influence of Procurement and Supply Questions with Complete Solutions

CIPS L4M1 Scope and Influence of Procurement and SupplyWhat is Procurement? - correct answer Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? - correct answer Is the ACT of physically ordering and buying something. What is Supply? - correct answer Is the INFRASTRUCTURE which ensures that products and services get...

Answered) CIPS L4M1 Scope and Influence of Procurement and Supply 2024

Answered) CIPS L4M1 Scope and Influence of Procurement and Supply 2024 What is Procurement? Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? Is the ACT of physically ordering and buying something. What is Supply? Is the INFRASTRUCTURE which ensures that products and services get from supplier to the customer. Wha...