Which of the following would not affect rivalry in a marketplace? Select TWO.
Answer(s): D,E
Legislative changes wouldn't affect rivalry in a market as all suppliers would be equally as affected, the same with supply chain disruptions. Factors which do affect rivalry include; industry growth and decline, product differences, brand identity, switching costs, diversity of competitors and exit barriers. These are listed on p.41
Which of the following factors would you use to analyse the macro-environment? Select THREE.
Answer(s): A,C,E
STEEPLE is what is used to analyse the macro-environment; the factors are; social, technological, economic, environmental, political, legislative and ethical. Details of this can be found on p.43-44
Gabriel is a procurement manager who wishes to explore a new avenue to procure products for his company. His manager has told him that he should invite internal stakeholders to a meeting to get their feedback.Who should Gabriel invite? Select THREE.
Answer(s): A,B,E
Internal stakeholders are those who work within the business so include the legal department, employees and end-users. End-users mean those people and departments who will be using the product or service. For example if Gabriel is procuring new software- an end-user would be anyone who would be using that software (whether they're employees, volunteers or agencies). CIPS outlines types of stakeholders on p.64
Value for money is often described at the `three Es'; economy, efficiency and effectiveness. However some people consider a 4th E which refers to the public sector.What is the fourth E?
Answer(s): C
Equity is the fourth E- this means the extent to which the service is available. See p.65 for details on the 4 Es
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