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  2. HBX Certification
  3. CORe Exam
  4. HBX.CORe.v2025-06-09.q185 Dumps
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Question 131

A professional football team is considering adding two more games to its season. Which of the following costs should team owners NOT consider when making this decision?

Correct Answer: B
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Question 132

A U.S.-based supply manager wants to reduce the number of defective parts arriving from an outsourced supplier located in Malaysia. Which of the following is MOST likely to help achieve this goal?

Correct Answer: B
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Question 133

A company wants to sell an extremely rare antique. The company does not know how highly consumers value the antique, but it knows that any single consumer's value will rise if the consumer believes other people have a high value for the antique. How should the company sell the item to maximize its price?

Correct Answer: A
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Question 134

A plumbing supplies company asks its supply manager to develop a category management plan for the coming year.
The supply manager conducts a spend analysis in order to identify and rank the most important categories.
Which of the following should the supply manager use?

Correct Answer: B
A Pareto analysis chart is used to identify and rank the most important categories based on the principle that
80% of effects come from 20% of causes. By conducting a spend analysis and using a Pareto analysis chart, the supply manager can determine which categories account for the majority of the company's spending. This helps in prioritizing efforts and resources towards the most impactful categories.
References
* Juran, J.M. (1989). Juran on Leadership For Quality: An Executive Handbook.
* CIPS (Chartered Institute of Procurement & Supply). Spend Analysis and Pareto Principle.
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Question 135

A multi-divisional corporation seeks to leverage its overall spend by creating a consolidated supply base of preferred suppliers offering the most competitive costs and services. Though stakeholders Involved in the planning process seem to support leveraging efforts, the actual results have been disappointing, as the divisions continue to buy from past suppliers rather than from the preferred suppliers. In which of the following ways can supply management BEST improve the rate of buying through the preferred suppliers?

Correct Answer: D
* Top Management Endorsement: Endorsement from top management ensures that compliance with the preferred supplier program is taken seriously across all divisions.
* Performance Criteria: By incorporating compliance into performance goals and criteria, divisions are held accountable for their purchasing decisions.
* Incentivizing Compliance: This approach incentivizes divisions to align with corporate goals, leveraging overall spend and achieving cost and service benefits.
* Change Management: Top-down support is crucial for overcoming resistance to change and ensuring consistent implementation of the preferred supplier strategy.
* Monitoring and Enforcement: Regular monitoring and reporting on compliance can further enforce the importance of adhering to the preferred supplier program. References
* CIPS (Chartered Institute of Procurement & Supply) guidelines on supplier relationship management and compliance.
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