Question: QUESTION 1 [20] Strategy provides overall direction by developing plans and policies designed to achieve objectives and then allocating resources to implement the plans. Ultimately,

QUESTION 1 [20] Strategy provides overall direction by developing plans and policies designed to achieve objectives and then allocating resources to implement the plans. Ultimately, strategic management is for organisations to gain a competitive edge over their competitors. With relevant examples, discuss the increasing strategic role of the purchasing function in an organisation. (20)

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