Podcast
Questions and Answers
What is the main benefit of a large corporation partnering with local suppliers?
What is the main benefit of a large corporation partnering with local suppliers?
- Expanding global reach
- Meeting corporate social responsibility goals (correct)
- Increasing profits
- Reducing competition
Why is it important for procurement professionals to understand the drivers of partnering?
Why is it important for procurement professionals to understand the drivers of partnering?
- To make informed decisions (correct)
- To limit potential partners
- To decrease profits
- To increase competition
What can the drivers of partnering help organisations do?
What can the drivers of partnering help organisations do?
- Shape their partnering strategies (correct)
- Evaluate the success of their marketing efforts
- Decrease economic development
- Identify potential competitors
Which of the following is NOT a strategic driver for adopting a partnering approach?
Which of the following is NOT a strategic driver for adopting a partnering approach?
Which industry might benefit from partnering to gain access to cutting-edge research and top talent?
Which industry might benefit from partnering to gain access to cutting-edge research and top talent?
Which of the following is an example of how partnering can be a way of sharing and managing risks?
Which of the following is an example of how partnering can be a way of sharing and managing risks?
Which of the following is an example of how partnering can improve operational efficiency?
Which of the following is an example of how partnering can improve operational efficiency?
What is an example of how partnering can improve quality standards?
What is an example of how partnering can improve quality standards?
What is an example of how partnering can foster innovation?
What is an example of how partnering can foster innovation?
What is an example of how partnering can help organisations respond to intense competition?
What is an example of how partnering can help organisations respond to intense competition?
What is a strategic driver for partnering in industries where innovation is critical for success?
What is a strategic driver for partnering in industries where innovation is critical for success?
What is an example of how partnering can help manage risks in complex or uncertain environments?
What is an example of how partnering can help manage risks in complex or uncertain environments?
What is a potential benefit of collaborating with partners to create additional value?
What is a potential benefit of collaborating with partners to create additional value?
Which of the following is NOT a potential benefit of a large corporation partnering with local suppliers?
Which of the following is NOT a potential benefit of a large corporation partnering with local suppliers?
What is the potential role of understanding the drivers of partnering for organisations?
What is the potential role of understanding the drivers of partnering for organisations?
Which of the following is an example of how partnering can support corporate social responsibility goals?
Which of the following is an example of how partnering can support corporate social responsibility goals?
What is an example of how partnering can help organisations meet social expectations?
What is an example of how partnering can help organisations meet social expectations?
Which of the following is an environmental driver for partnering?
Which of the following is an environmental driver for partnering?
What is an example of how partnering can improve coordination and efficiency?
What is an example of how partnering can improve coordination and efficiency?
What is an example of how partnering can foster innovation?
What is an example of how partnering can foster innovation?
Flashcards are hidden until you start studying
