Question 1: Multiple choice Questions 2x 20 = (40 Marks) For each question, choose the correct answer by writing the correct letter next to the question number. For example, 1. (g). 1.1 It is not one of the factors contributing to the development of the contemporary supply management philosophy (a) Recognition that concern with strategic supply rather than price is important (b) Global competition demands rapid product innovation (c) The Rapid developments in information technology which facilitated the evolution (d) The realization that supplier support can increase efficiency and emphasis on supplier relations (e) The nature of the products which can be sold to the consumers on a reasonable price 1.2 The difference between Purchasing and Supply Management (a) Close relationship between the concepts of purchasing and supply management (b) Same group of activities involved (c) Supply chain management seems to maintain a broader perspective than purchasing (d) a + b + c (e) None of the above