Question: 1 . 1 Use a practical example to describe what is purchasing. ( 5 ) 1 . 2 Briefly describe strategic sourcing. ( 5 )

1.1 Use a practical example to describe what is purchasing. (5)
1.2 Briefly describe strategic sourcing. (5)
1.3 Briefly describe supply management. (5)
1.4 Briefly describe value chain management. (4)
1.5 Summarise the most important processes of a supply chain. (6)

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