Nigp cpp Study guides, Class notes & Summaries

NIGP CPP Module A Exam Questions with Correct Answers A strategic plan is a course of action to achieve long-range goals, generally up to five years. Strategic plans reflect the company's direction and its purpose as stated in its mission statement. To develop strategic plans, top management must develop and use summary reports on finances, operations, and the external environment. - Answer-Strategic Plan A tactical plan is a course of action to achieve short-term goals, generally within a...

NIGP CPP 2023 Exam Questions with Correct Answers Sierra, a Procurement Director is developing her department's Continuity of Operations Plan. Which step should she do first to determine her departments essential functions? o Call a similar public entity and ask for a copy of their continuity of operation plan o Ask her customers what functions are most important to them o Document then list all procurement functions o Ask other entities who have experienced a disaster what their es...

7 Rights of Purchasing - ANSWER-To obtain the right material in the right quantity for delivery at the right time to the right place from the right source(a responsive and responsible supplier) with the right service at the right price. Values - ANSWER-Enduring beliefs or ideals shared by public procurement about what is good or desirable and what is not in our actions. Goals - ANSWER-Long-term, tangible, attainable targets for an organization Policies - ANSWER-Plans, courses of action,...

Logistics Management - ANSWER-The discipline responsible for the movement, routing, distribution, transportation, and coordination activities that apply to goods delivery and/or service performance. Mode - ANSWER-The type of average that indicates the most frequent instance of a number or happening. The number in a distribution that occurs most frequently. Carload - ANSWER-The minimum weight, as defined by law, of a shipment entitled to a reduced freight rate. The shipment amount that fill...

7 Rights of Purchasing - ANSWER-To obtain the right material in the right quantity for delivery at the right time to the right place from the right source(a responsive and responsible supplier) with the right service at the right price. Values - ANSWER-Enduring beliefs or ideals shared by public procurement about what is good or desirable and what is not in our actions. Goals - ANSWER-Long-term, tangible, attainable targets for an organization Policies - ANSWER-Plans, courses of action,...

Surety - a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - 1. Indication that an offeree is bound by the terms of the offer. 2. An indication by o...

NIGP CPP Module A Exam Questions and Answers All Correct A strategic plan is a course of action to achieve long-range goals, generally up to five years. Strategic plans reflect the company's direction and its purpose as stated in its mission statement. To develop strategic plans, top management must develop and use summary reports on finances, operations, and the external environment. - Answer- Strategic Plan A tactical plan is a course of action to achieve short-term goals, generally withi...

Surety - Answer- a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - Answer- The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - Answer- 1. Indication that an offeree is bound by the terms of the offer...