Podcast
Questions and Answers
Under what circumstances is partnering considered to be most effective?
Under what circumstances is partnering considered to be most effective?
- Low-risk, low-value, and technically simple supplies
- Low-risk, high-value, and technically complicated supplies
- High-risk, high-value, and technically complicated supplies (correct)
- High-risk, low-value, and technically simple supplies
What is an example of an industry where partnerships are common due to the high stakes, complex technical requirements, and substantial investments involved?
What is an example of an industry where partnerships are common due to the high stakes, complex technical requirements, and substantial investments involved?
- Fast food industry
- Aerospace or defense industry (correct)
- Fashion industry
- Fitness industry
What is the benefit of partnering when procuring new or innovative goods or services?
What is the benefit of partnering when procuring new or innovative goods or services?
- Reducing the need for specialised capabilities
- Reducing the risk involved (correct)
- Decreasing the need for collaboration
- Increasing the level of certainty involved
Which of the following is a potential benefit of partnering in high-risk, high-value, technically complicated supplies?
Which of the following is a potential benefit of partnering in high-risk, high-value, technically complicated supplies?
In what circumstance might partnering be a suitable approach for new goods or services?
In what circumstance might partnering be a suitable approach for new goods or services?
What is a potential benefit of partnering in fast-changing technology?
What is a potential benefit of partnering in fast-changing technology?
Which of the following is NOT a benefit of partnering in procurement?
Which of the following is NOT a benefit of partnering in procurement?
What is one way partnering can help organizations navigate rapid technological change?
What is one way partnering can help organizations navigate rapid technological change?
Why might partnering be particularly useful in restricted markets?
Why might partnering be particularly useful in restricted markets?
What is one potential risk of forming a partnership in procurement?
What is one potential risk of forming a partnership in procurement?
What is a potential benefit of forming a partnership in procurement for new or innovative goods or services?
What is a potential benefit of forming a partnership in procurement for new or innovative goods or services?
What is a potential drawback of forming a partnership in high-risk, high-value, technically complicated supplies?
What is a potential drawback of forming a partnership in high-risk, high-value, technically complicated supplies?
What is a potential benefit of partnering in fast-changing technology?
What is a potential benefit of partnering in fast-changing technology?
What is one potential benefit of partnering in the pharmaceutical industry?
What is one potential benefit of partnering in the pharmaceutical industry?
What is one way partnering can help organizations stay at the forefront of technology?
What is one way partnering can help organizations stay at the forefront of technology?
What is one potential benefit of partnering in restricted markets?
What is one potential benefit of partnering in restricted markets?
What is one potential risk of forming a partnership in procurement?
What is one potential risk of forming a partnership in procurement?
Which of the following is NOT a circumstance where partnering can be most effective in procurement?
Which of the following is NOT a circumstance where partnering can be most effective in procurement?
What is a potential benefit of partnering in the aerospace or defense industries?
What is a potential benefit of partnering in the aerospace or defense industries?
Why might partnering be a suitable approach when procuring new or innovative goods/services?
Why might partnering be a suitable approach when procuring new or innovative goods/services?