$.$ Select any Fast$-$Food multinational company and explain the following based on Principles of Buying:

$(2$ Marks each$)$

$1.$ Discuss with examples the strategic value$-$adding role purchasing$/$procurement plays in the company$$s supply

chain.

$2.$ Explain in detail how the company attain efficiency and effectiveness on global purchasing$/$procurement

platform with rapidly changing business environment and ever$-$demanding customers.

$3.$ Explain in detail how the way company encompasses avoiding costs through early involvement with design and

proactively responding to supplier requests for price increases.

$4.$ Explain in detail how legal aspects on global procurement contracts covered that draws roles, responsibilities

and expectations and includes provision for dispute$/$conflict resolution to strengthen supplier relationship

management.

$5.$ Explain in detail wit examples company$$s materials management platform to maximize firm$$s resources and

also match required level of customer service in any competition