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*L5M6 Category Management - paper *14.
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1.
Volatile inflation rates are a risk that can affect any business. Which STEEPLED factor would this fall under?
2.
In a marketplace where there is a large number of suppliers, which of the following is true?
3.
According to Porter's 5 Forces, supplier power is strong in industries where which of the following is true? Select THREE
4.
On the BCG Matrix, what is a problem child?
5.
Sue is a Category Manager at a small manufacturing firm which produces car parts. The firm work closely with suppliers of raw materials such as rubber and metal. She has conducted a SWOT analysis and has discovered that there are many other customers in the marketplace which is creating a short-term spike in demand. Which category would this fall under?
6.
Why would a company use a Technology Road Map?
7.
Tom is collecting data on one of the items in his Category, a mobile telephone. Which of the following pieces of information will he be able to get from looking up the phone's 'line item' details? Select TWO
8.
What is a General Ledger?
9.
High exit barriers in a marketplace means that rivalry between suppliers is low. Is this sentence TRUE?
10.
On the BCG Matrix, what is a cash cow?
11.
Absolom Burgers is a chain of restaurants with operations in Zimbabwe and Botswana. One of its suppliers holds a monopoly in the marketplace, but the item they provide to Absolom Burgers is of low cost. According to the Kraljic matrix, which type of item does this supplier provide to Absolom Burgers?
12.
Survival of the fittest" is a concept used in supplier relationships - which of the following does it describe?
13.
What form of procurement is Category Management?
14.
Joe is a Category Manager at an automobile company. Which of the following would be the best way to decide on categories in this industry?
15.
What is the purpose of a Category Board?
16.
What are the THREE main enablers of successful Category Management?
17.
Total Cost of Ownership is an important consideration in Category Management. Steve is a new Category Manager at a manufacturing firm and his Category is responsible for sourcing cap-ex items to help in the manufacturing process such as machine parts and IT systems. Which of the following should Steve consider as part of TCO for his Category? Select THREE
18.
In A T Kearney's 7 Step Model of strategic sourcing, which of the following should be done first?
19.
What can the IACCM help a Category Manager with?
20.
Albert Ltd is a manufacturer of vegan frozen food. It has been operating in the industry for 5 years. In years 1-3 it saw significant growth in its market share, but for the past 2 years market share has stayed more or less the same, despite there being no new entrants to the marketplace. Which stage in the Lifecyle is the vegan frozen food market?
21.
Peak Pricing, is also known as what other type of pricing model?
22.
In which section of a balance sheet would you find the term 'goodwill'?
23.
Which of the following can be used to group categories for Category Management within an organisation?
24.
Servers, Hardware and Licences are items which may be found in which category of spend?
25.
A category which includes raw materials required for manufacturing of cars in large quantities and high volumes is often known as what?
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