Crowdly

Add to Chrome

Universities
mymodules.dtls.unisa.ac.za
MNB2601-25-S1

MNB2601-25-S1

Looking for MNB2601-25-S1 test answers and solutions? Browse our comprehensive collection of verified answers for MNB2601-25-S1 at mymodules.dtls.unisa.ac.za.

Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!

Which of the following is an advantage of a cost-based contract?

It allows the buyer to specify exact requirements for the goods or services being procured.

It provides a clear incentive for the supplier to control costs.

It encourages suppliers to submit lower bids.

It minimizes the risk to the buyer.

View this question

How is a Pareto diagram constructed?

By plotting data points on a line graph

By arranging items in descending order of frequency and plotting a bar graph

By arranging items in alphabetical order and plotting a pie chart

By plotting data points on a scatter plot

View this question

What is the key concept behind Taguchi's approach to quality management?

Continuous improvement

Quality control

Statistical process control

View this question

What does the vertical axis of the GE matrix represent?

Competitive position

Market growth rate

View this question

Which type of cost-based contract reimburses the supplier for actual costs incurred plus a fee?

Cost-plus-percentage-of-cost

Cost-plus-incentive-fee

Cost-plus-fixed-fee

Cost-plus-award-fee

View this question

How can the results of a SWOT analysis be used in project management?

To determine the project timeline

To develop a detailed project budget

To identify potential risks and develop risk response plans

To assign project roles and responsibilities

View this question

What is a start-to-finish relationship in the Precedence Diagramming Method (PDM)?

A relationship where a successor activity can start before the predecessor activity finishes

A relationship where two activities can be performed at the same time

A relationship where a successor activity cannot start until the predecessor activity finishes

A relationship where the predecessor activity cannot finish until the successor activity starts

View this question

What is one-to-one marketing?

A marketing strategy that involves setting prices based on the customer's income level

A marketing strategy that involves tailoring marketing messages and product offerings to the individual needs of each customer

A marketing strategy that involves communicating the same message to a large group of customers

A marketing strategy that involves using a call center to make direct sales to customers

View this question

Which of the following is an example of a price-based contract?

A fixed-price contract for the development of a website.

A cost-reimbursement contract for the construction of a building.

A unit-price contract for the production of a product.

A time-and-materials contract for the maintenance of equipment.

View this question

Which of the following is a disadvantage of a cost-based contract?

It may not provide a clear incentive for the supplier to control costs.

It may result in higher costs to the buyer.

It requires the supplier to assume all the risk.

It may not be suitable for complex or high-risk projects.

View this question

Previous
1
3
4
5
9
Next

Want instant access to all verified answers on mymodules.dtls.unisa.ac.za?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!

Add to Chrome

Telegram Instagram TikTok Question Bank

Terms of Use Contact Us

Add to Chrome

Add to Chrome