1
Procurement Exam Questions and
Answers (100% Correct Answers)
Already Graded A+
Craft Era Analysis and Limitations Ans: Analysis -
Customizable, no standard measures
Craft Limitations - trial and error so not quality could be
© 2026 Assignment
guaranteed
Mass Production Era Analysis and Limitations Ans: Analysis -
Guru01 - Stuvia
Unskilled workforce, vertical integration, Ford
Expert
Limitations - Incremental innovation, poor quality built in
Lean Era Analysis and Limitations Ans: Analysis - 0 defects,
WWII necessity, smaller batches
Limitations - rigidity, costs can be high
Era's Significance and Why Ans: The era analysis and
limitations explain manufacturing and procurement for that
time, and how we got to where we are. We are leaving lean and
starting a new era.
Sustainable (Extended) Procurement Cycle Ans: Strategy -
develop and aligned across the supply chain
Sourcing - finding materials
Segmentation - Group suppliers to understand impacts & risks
, 2
Management - managing relationships and teams
Development - developing (together) early is key
Sustainability - How to procure ensuring planet and people
well being
Information - Communicating supply chain information &
finding risks
© 2026 Assignment
What is the Sustainable Procurement Cycle? Ans: The
sustainable procurement cycle represents key steps and stages
for procuring for a company, and at their core they should be
Guru01 - Stuvia
done with intention and care for the planet and it's people
Expert
Outcomes driven supply chain Ans: 6 key goals for a supply
chain
Sustainability
Security - safety of all supplies & suppliers throughout the
supply chain
Innovation - in partnership with suppliers
Cost - ensure cost leadership
Responsiveness - flexibility in the product
Resilience - cope with supply and demand changes
Why is an outcomes driven supply chain important? Ans: An
outcome driven supply chain focuses on doing right for the
, 3
planet AND the people. It sets expectations at the beginning of
the process and helps foster creative and ethical practices
PESTEL Analysis Ans: Politics - powers in or rising to power
Economics - foundation of economy & costs
Society - developments & changes, livelihoods
Technology - latest developments & changes
© 2026 Assignment
Environment - climate chaos, biodiversity loss, resource crisis
Guru01 - Stuvia
Expert
Legislation - regulatory changes, new regulations expected
Why is the PESTEL analysis helpful? Ans: The PESTEL analysis
is a great way to analyze the external environment and how it
can impact your company and supply chain. You look at the 6
factors that surround your company and its supply chain to
learn risks and plan accordingly.
Planet & Social Boundaries Ans: Platetary - boundaries within
which we can operate safely
e.g. climate change, land system change, pollution, freshwater
use, ocean acidification, etc.
Social - 12 basic needs that must be met to ensure well being
e.g. water & sanitation, food, health, housing, education,
income & work, equity, peace, political voice, etc.
Procurement Exam Questions and
Answers (100% Correct Answers)
Already Graded A+
Craft Era Analysis and Limitations Ans: Analysis -
Customizable, no standard measures
Craft Limitations - trial and error so not quality could be
© 2026 Assignment
guaranteed
Mass Production Era Analysis and Limitations Ans: Analysis -
Guru01 - Stuvia
Unskilled workforce, vertical integration, Ford
Expert
Limitations - Incremental innovation, poor quality built in
Lean Era Analysis and Limitations Ans: Analysis - 0 defects,
WWII necessity, smaller batches
Limitations - rigidity, costs can be high
Era's Significance and Why Ans: The era analysis and
limitations explain manufacturing and procurement for that
time, and how we got to where we are. We are leaving lean and
starting a new era.
Sustainable (Extended) Procurement Cycle Ans: Strategy -
develop and aligned across the supply chain
Sourcing - finding materials
Segmentation - Group suppliers to understand impacts & risks
, 2
Management - managing relationships and teams
Development - developing (together) early is key
Sustainability - How to procure ensuring planet and people
well being
Information - Communicating supply chain information &
finding risks
© 2026 Assignment
What is the Sustainable Procurement Cycle? Ans: The
sustainable procurement cycle represents key steps and stages
for procuring for a company, and at their core they should be
Guru01 - Stuvia
done with intention and care for the planet and it's people
Expert
Outcomes driven supply chain Ans: 6 key goals for a supply
chain
Sustainability
Security - safety of all supplies & suppliers throughout the
supply chain
Innovation - in partnership with suppliers
Cost - ensure cost leadership
Responsiveness - flexibility in the product
Resilience - cope with supply and demand changes
Why is an outcomes driven supply chain important? Ans: An
outcome driven supply chain focuses on doing right for the
, 3
planet AND the people. It sets expectations at the beginning of
the process and helps foster creative and ethical practices
PESTEL Analysis Ans: Politics - powers in or rising to power
Economics - foundation of economy & costs
Society - developments & changes, livelihoods
Technology - latest developments & changes
© 2026 Assignment
Environment - climate chaos, biodiversity loss, resource crisis
Guru01 - Stuvia
Expert
Legislation - regulatory changes, new regulations expected
Why is the PESTEL analysis helpful? Ans: The PESTEL analysis
is a great way to analyze the external environment and how it
can impact your company and supply chain. You look at the 6
factors that surround your company and its supply chain to
learn risks and plan accordingly.
Planet & Social Boundaries Ans: Platetary - boundaries within
which we can operate safely
e.g. climate change, land system change, pollution, freshwater
use, ocean acidification, etc.
Social - 12 basic needs that must be met to ensure well being
e.g. water & sanitation, food, health, housing, education,
income & work, equity, peace, political voice, etc.
