Con 200 Test 1 Answers

DAU

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Exam 1

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contains 14 Questions 1) Creating and maintaining a positive, mission focused business relationship between the Government and contractors is critical in a mission support environment. Select the traits below that represent the most fundamental characteristics of a strong business relationship. [Identify

the characteristics of a strong business relationship.]

Trust and Commitment Trust and Pride Commitment and Fear Pride and Fear

2) You supervise a small contracting office that supports the local base tenets. Your organization has lost a couple of contracting billets over the years. What benefit can strategic sourcing provide? [Identify the key objectives and benefits of Strategic Sourcing.] Strategic sourcing can help all activities identify methods for improving their operating efficiencies. Strategic sourcing only applies to sole source requirements, which you do process. Strategic sourcing can help identify methods for reducing the total cost of ownership, even though it likely will not result in any reduction in purchase price. Strategic sourcing methods can be standardized and applied across all organizational levels so you can just use what others have developed. 3) Which two commodity sourcing strategies offer the clearest opportunities for joint sourcing improvement efforts with suppliers? [Identify the steps and procedures for conducting a Strategic

Sourcing analysis (conduct supply market analysis & develop commodity strategy).]

Strategic Relationship Strategy and Process Improvement Strategy Process Improvement Strategy and Volume Leveraging Strategy Best Price Analysis Strategy and Demand Management Strategy Demand Management Strategy...