IBM M8060-655 - IBM Emptoris Services Procurement Sales Mastery Test v1 Exam

Question #6 (Topic: )
In Services Procurement, a Hybrid Program is best described as:
A. Using SOW and Hourly Temporary workers on the same project B. Portions of services (i.e. Labor) are managed by a Service Provider (BPO or MSP) or Master Vendor an other locations or categories are run by internal teams C. Utilizing Supplertiering to distribute spend to different suppliers D. Temporary workers working under both hourly agency contracts and outsourced or SOW for the same company
Answer: D
Question #7 (Topic: )
Which of the following is NOT true about procure-to-pay (P2P)?
A. It is a business process that covers how spending requests are made all the way through to paying its suppliers B. The initial step in P2P is issuing purchase orders (POs) C. The P2P process is usually under the control of either finance or procurement D. It is sometimes standardized but often varies across the organization
Answer: C
Question #8 (Topic: )
Contingent Workers are best defined as:
A. Any worker who's arrangement differs from regular/permanent, direct wage, and salary employment B. Self-Employed individuals C. Any worker who completes a time card to compute wages D. Any worker who's job is not considered permanent
Answer: A
Question #9 (Topic: )
A Managed Service Provider (MSP) Operating such that it does not favor specific suppliers
(or its own staffing arm), is said to be operating in what type of model?
A. Vendor Agnostic B. Master Vendor C. Parent Vendor D. Vendor Neutral
Answer: A
Question #10 (Topic: )
In most large (global 2000) organizations:
A. Temporary Labor resources are the vase majority of 3rd party services spend B. Temporary Labor and 3rd party service companies usually have equal amounts of spend C. Spend with 3rd party service companies is usually 3-4x larger than the amount spent on individual temporary workers D. Temporary Labor is at record lows due to economic and regulatory concerns
Answer: D
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