Q$1$

$1\mathrm{.}1$ Explain the roles and responsibilities of the Purchasing department in a business organization.

$1\mathrm{.}2$ Explain the typical Purchasing Cycle which takes place in a business organization.

$1\mathrm{.}3$ Outline the comparison between Centralized and Decentralized Purchasing functions.

$1\mathrm{.}4$ Why ethics in purchasing function is an important aspect to be considered by any successful business organization.