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Innovation is a key consideration when entering into a partnership. Is this statement true?

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(@hevesywilber)
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Innovation is a key consideration when entering into a partnership. Is this statement true?

  • A . Yes- joint innovation projects are often a strong motivation for entering into a partnership
    B. Yes- innovation is the only reason to enter into a partnership
    C. No- the key consideration when entering a partnership is cost reduction
    D. No- innovation is best achieved in a contractual relationship where KPIs can be monitored closely.

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Suggested Answer: A

Explanation:

The correct answer is ‘Yes- joint innovation projects are often a strong motivation for entering into a partnership’. The other options are simply not true statements. A lot of the questions on the ‘Partnerships’ chapters of the book are common-sense questions like this. It involves reading the QUESTION NO: and using logic, rather that relying on your knowledge of procurement. If you found this QUESTION NO: easy C that’s a good sign for the exam.
 
Posted : 18/11/2022 3:00 pm

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