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Question 1

A bread manufacturer requires flour to be delivered to the manufacturing plant on a daily basis. It is important for the bread manufacturer that the quality of the flour meets certain criteria or it cannot be used, and this will impact on the number of loaves that can be produced per day. The manager of the bread manufacturer stated in the contract a qualative target for amount of defects which ties the price they pay to an agreed level of performance. What form of supplier incentive is this?

Options :

A : gain-share pricing

B : consumption based pricing

C : shared risk-reward

D : incentive based pricing

Answer: D

Question 2

Julie is the CEO of a small manufacturing company which is struggling to compete in the marketplace. Julie is considering implementing Simultaneous Engineering processes, what would be the benefit of this to her organisation? Select all that apply

Options :

A : reduction in development time

B : fewer design changes

C : less staff are required

D : increased sales

Answer: A,B

Question 3

Which of the following are resources often provided by professional forums and associations? Select all that apply

Options :

A : professional development

B : access to peer reviewed journals

C : peer networks

D : events discussing industry insight

Answer: A,B,C,D

Question 4

An organisation which presents an ordinary product as environmentally friendly is conducting what?

Options :

A : non-compliance

B : lack of traceability

C : blacklisting

D : greenwashing

Answer: D

Question 5

The cost of switching and the scarcity of resources affects which of the following relationship-influencing Key Performance Indicators?

Options :

A : transparency

B : co-operation

C : trust

D : power

Answer: D