4.4 - Examine the impact of the not-for-profit or third sector on procurement or supply chain activities

Question 1

Name 4 things charities aim to do

Answer 1

1. raise awareness of a cause
2. Attract donations and funding
3. Ensure continuity of support
4. Engage stakeholders

Question 2

Name 5 objectives of buying groups

Answer 2

1. Negotiate the best price for members
2. Provide support to members through advice on relevant issues and matters relating to the buying group and associated trades
3. Share best practise, contacts and information
4. Keep membership fees/levies as low as possible
5. Attract more members

Question 3

What do buying groups aim to do

Answer 3

Save money for their members through economies of scale

Question 4

Name 2 aspects that a charity has to satisfy

Answer 4

1. The benefit aspect
2. The public aspect

Question 5

Name 2 things a charity must do to satisfy a benefit aspect

Answer 5

1. Have a purpose that must be beneficial to the community/region it works in
2. Any detriment or harm that results from the purpose must not outweigh the benefit

Question 6

Name 2 things a charity must do to satisfy a public aspect

Answer 6

1. Benefit the public in general, or a sufficient section of the public
2. Not give rise to more than incidental personal benefit

Question 7

Who are charities regulated by

Answer 7

Charity Commission

Question 8

Name 3 pieces of information you can use to research a charity

Answer 8

1. Charity name
2. Charity work
3. Charity trustees

Question 9

When must you register a charity

Answer 9

If they have an annual income of over £5000

Question 10

trustee

Answer 10

The people responsible for governing or managing the charity

Question 11

Name 4 things the charity commission does

Answer 11

1. protects charities from abuse or mismanagement
2. Enables trustees to run their charities effectively
3. Encouraging greater transparency and accountability by charities
4. Operating as efficient, expert regulator with sustainable funding

Question 12

Name 5 powers the charity commission has

Answer 12

1. restrict the operations of the charity
2. Appoint new trustees
3. Suspend a trustee
4. Appoint a new manager
5. Freeze the bank account

Question 13

What 5 areas should be common regulation in the third sector

Answer 13

1. Achieving best value for money
2. Conducting ethical procurement
3. Promoting sustainability
4. Benchmarking to ensure fair pricing
5. Supply chain management