Podcast
Questions and Answers
Which circumstance is most suitable for partnering when it comes to restricted markets?
Which circumstance is most suitable for partnering when it comes to restricted markets?
- The need to navigate specific regulatory requirements
- The limited number of potential suppliers
- The possibility of shared access to scarce resources or combined capabilities (correct)
- The potential for collaborative problem-solving and innovation
What is the key consideration for partnering in circumstances involving fast-changing technology?
What is the key consideration for partnering in circumstances involving fast-changing technology?
- The potential for mutual value creation
- The need to stay abreast of the latest technology (correct)
- The opportunity for joint research and development
- The shared risks and rewards of technological innovation
What is the potential benefit of partnering in circumstances involving high-risk, high-value, technically complicated supplies?
What is the potential benefit of partnering in circumstances involving high-risk, high-value, technically complicated supplies?
- Possibility of mutual value creation
- Level of uncertainty and risk
- Potential for collaborative problem-solving and innovation
- Access to partner's specialised knowledge and resources (correct)
Which of the following is NOT a benefit of partnering in procurement?
Which of the following is NOT a benefit of partnering in procurement?
In what industry do firms often partner with innovative start-ups to develop new technologies or applications?
In what industry do firms often partner with innovative start-ups to develop new technologies or applications?
What can partnering help organisations do in the face of rapid technological change?
What can partnering help organisations do in the face of rapid technological change?
Why might partnering be necessary in some markets?
Why might partnering be necessary in some markets?
Which of the following circumstances is more conducive to a partnering approach?
Which of the following circumstances is more conducive to a partnering approach?
Why is partnering important in the aerospace or defense industries?
Why is partnering important in the aerospace or defense industries?
When is partnering particularly useful in procuring new or innovative goods or services?
When is partnering particularly useful in procuring new or innovative goods or services?
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