Which of the following are possible drivers for partnership sourcing? Select THREE.

• A.The protection of intellectual property rights
• B.The marketplace has become more volatile
• C.Working together will create synergies
• D.The need to improve performance to satisfy the end customer

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A software developer is seeking to develop a new fitness trends app. They are looking to create a contract with a fitness expert to give advice on the type of changing fitness trends. What agreement should the app developer aim to achieve?

• A.Partnering relationship
• B.Cost-based relationship
• C.Quality-based relationship
• D.Traditional contracting relationship

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Value for money in the private sector is concerned with what?

• A.Getting the best price possible
• B.Shareholder profit and business benefit
• C.Ensuring taxpayers' money is spent wisely
• D.Getting the best quality possible

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In a partnership who is responsible for decision making?

• A.The project steering committee
• B.Both the supplier and the buyer
• C.The buyer
• D.The supplier

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The executive board of a manufacturing company is requesting support from the procurement team because the company needs to improve its levels of profitability. After segmenting the overall spend by value and risk of supply, the senior buyer for the company is planning to undertake a cost modelling activity. This will be undertaken with a cross-organisational team of internal stakeholders and key strategic suppliers. What would be the buyer's initial objective from the cost modelling activity?

• A.To understand the supplier's investment plans
• B.To understand the supplier's financial status
• C.To understand the supplier's pricing strategy
• D.To understand the supplier's competitive threats

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