1.There are several factors that have influenced the importance of purchasing and supply. Justify this statement by...
Question:
1.“There are several factors that have influenced the importance of purchasing and supply”. Justify this statement by discussing information technology as a major factor. Provide an example of your choice to explain the factor.
Note:
• You are to explain the factor in your own words.
• More marks will be awarded for providing an original example not found in your prescribed textbook or Learn.
• Based on your findings, you are to indicate whether you agree with the statement or not with a brief justification.
2. The interaction between purchasing and supply management often determines the level of success achieved by these units. Discuss any three functions involved in the success of the general business operations, provide an original example for each function.
Note:
• You are to explain the functions in your own words.
• More marks will be awarded for providing an original example not found in your prescribed textbook or Learn.