Question: 7. Why are small-value purchase orders problematic? How can purchasing more effectively deal with this problem? 8. Should unit price be used as the sole

the sole criterion for selecting suppliers? Why? 13. What are the reasons

7. Why are small-value purchase orders problematic? How can purchasing more effectively deal with this problem? 8. Should unit price be used as the sole criterion for selecting suppliers? Why? 13. What are the reasons to use a single supplier? Is this the most efficient way to purchase materials in general? 14. Describe centralized and decentralized purchasing and their advantages. 19. What are micropurchases? How can they be used to improve public procurement? 20. Why do firms purchase from foreign suppliers? What are the risks involved in global sourcing

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