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CIPS Exam A7 Topic 1 Question 59 Discussion

Actual exam question for CIPS's A7 exam
Question #: 59
Topic #: 1
[All A7 Questions]

Which of the following statements describing the objectives of a purchasing department best represents a strategic approach to the function?

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Suggested Answer: B

by Bambi at May 18, 2024, 09:48 PM

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Leonard
10 months ago
I think A) is the way to go. Who needs production anyway? We can just order everything on Amazon Prime and call it a day!
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Kris
10 months ago
D) Some long term contracts - this is a tactic, not a strategic approach. We need to think bigger picture here.
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Berry
9 months ago
C) The measurement of price reductions
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Cyril
9 months ago
B) Primary focus: to keep production running
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Herminia
10 months ago
A) Optimization of the total cost of ownership
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Joni
10 months ago
C) The measurement of price reductions - while important, this is a narrow metric that doesn't capture the broader strategic objectives.
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Jules
9 months ago
D) Some long term contracts can help with stability and cost savings
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Chu
9 months ago
C) The measurement of price reductions is important, but it's not the only focus
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Lemuel
10 months ago
A) Optimization of the total cost of ownership
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Dorinda
10 months ago
B) Primary focus: to keep production running - this is more of an operational focus, not a strategic one.
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Lilli
11 months ago
A) Optimizations of the total cost of ownership - this is clearly a strategic approach that considers the long-term impact of purchasing decisions.
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Cherilyn
10 months ago
D) Some long term contracts.
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Catina
10 months ago
D) Some long term contracts.
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Catina
10 months ago
A) Optimizations of the total cost of ownership
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Cherilyn
10 months ago
A) Optimizations of the total cost of ownership
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Holley
10 months ago
D) Some long term contracts.
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Holley
10 months ago
A) Optimizations of the total cost of ownership
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