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Students are requested to answer all FIVE questions given below. Discuss and provide examples for each question with references. 1. What is estimating acquisition costs and the total cost of ownership in procurement equipment? Explain by choosing a company which does practice in Saudi Arabia. 2. Why most of the organizations use leased equipment to facilitate business operations? Discuss by choosing an organization in Saudi Arabia. 3. Describe how does supply management connect with quality process in manufacturing organization with an example of any company in Saudi Arabia. 4. Discuss what is the role of information technology in the supply chain management in the globalized competitive marketplace. Choose an organization to support to your answer. 5. Explain why managers must Monitor the Supply Management Environment? Give an example of any organization which does practice in Saudi Arabia. Note: Instruction for submission