SRP Lesson 2 Knowledge Check

1. What is a diverse supplier’s role in a supply chain?

1. To provide recruitment and marketing for an organization’s customers.
2. To provide goods or services that meet the needs of the buying organization, while also contributing to supplier diversity goals.
3. To be a community advocate for the procuring company’s brand.
4. To provide goods or services that meet the needs of the buying organization, while also helping these organizations fundraise for venture capital.

2. These are provided by recognized third-party organizations to verify and validate a supplier’s diverse ownership status.

1. Supplier Diversity Scorecards
2. Supplier Diversity Bank Accounts
3. Supplier Diversity Certifications
4. Supplier Diversity Seals of Approval

3. This Process refers to the series of steps and activities that an organization follows to acquire goods, services, or works from external or 3rd party suppliers.

1. Pilot Process
2. Registration Process
3. Certification Process
4. Procurement Process

4. A performance measurement tool used by sourcing companies to assess and track the performance of their suppliers might be known as a:

1. Supplier Scorecard
2. 360 Feedback Review
3. Management Tracking Sheet
4. Facebook Business Reviews

5. True or False: One of the unique aspects of a diverse supplier’s role is to promote and contribute to supplier diversity initiatives.

1. True
2. False

SRP Lesson 2 Knowledge Check

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