Basic Procurement Principles: Overview of Procurement Function
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Questions and Answers

What is the primary role of a procuring entity?

  • To provide consultancy services to the client
  • To negotiate deals with suppliers on behalf of the client
  • To manage the procurement budget for the organization
  • To engage and be responsible for the procurement and awarding of contracts for goods, services and works (correct)

    • What is the key distinction between consultancy services and non-consultancy services?

  • Consultancy services are provided by individuals, while non-consultancy services are provided by firms
  • Consultancy services are always more expensive than non-consultancy services
  • Consultancy services are usually intellectual in nature, while non-consultancy services involve the use of equipment and specific methodologies (correct)
  • Consultancy services are always related to advisory and project-related work, while non-consultancy services are not

    • What is the key difference between a supplier and a service provider?

  • There is no key difference between a supplier and a service provider
  • A supplier fulfills a requirement on a one-off basis, while a service provider fulfills a requirement over a definite or indefinite period
  • A supplier provides goods, while a service provider provides services (correct)
  • A supplier is an individual, while a service provider is a firm

    • What are the main categories of goods referred to in the text?

    <p>Both a and b</p> Signup and view all the answers

    Which of the following is NOT a type of consultancy service mentioned in the text?

    <p>Equipment maintenance</p> Signup and view all the answers

    Which of the following statements best describes the difference between purchasing and procurement?

    <p>Procurement is a broader process that includes purchasing as one of its activities.</p> Signup and view all the answers

    What is the primary role of a buyer in the context of procurement?

    <p>To make purchases on behalf of an entity, which is one aspect of the procurement process.</p> Signup and view all the answers

    Which of the following activities is not considered part of the procurement process?

    <p>Manufacturing or producing the required goods in-house.</p> Signup and view all the answers

    Which of the following statements about procurement is incorrect?

    <p>Procurement is limited to acquiring goods and services from external third-party providers only.</p> Signup and view all the answers

    Which of the following activities is not included in the definition of purchasing provided in the text?

    <p>Conducting market surveys and preparing specifications.</p> Signup and view all the answers

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